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RockX broadens suite with launch of new ether (ETH) native staking solution » CryptoNinjas

by The Novum Times
24 May 2023
in Cryptocurrency
Reading Time: 2 mins read
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RockX, an Asia-based institutional-grade staking providers supplier, introduced at this time the broadening of its staking product suite with the addition of a brand new ether (ETH) native staking answer. This newest providing strengthens RockX’s place as a complete supplier of numerous staking wants, maneuvering shortly to the evolving crypto market panorama.

Navigating the Ethereum ecosystem presents establishments with distinctive challenges, together with liquidity points, cybersecurity vulnerabilities, counterparty failures, and a posh technological mastery hurdle, which have develop into extra pronounced within the wake of the Shapella improve. RockX is dedicated to overcoming these hurdles by offering sturdy and safe options that simplify the staking course of and instill confidence in its customers.

The ETH native staking answer stands as a testomony to this dedication, differentiating itself by means of optimum yield for validators through its pool answer on execution layer rewards, competitively low charges with out expenses on protocol rewards, and a swift, two-step staking course of. The strategic introduction of those ETH staking options by RockX leverages the huge market potential as establishments more and more enterprise into the Ethereum ecosystem.

Aligned with its long-term technique to simplify institutional blockchain adoption, RockX is planning the total launch of a Staking API that helps blockchains later this yr. This may provide establishments a scalable, safe, and environment friendly pathway for integrating their current platforms with RockX, thereby facilitating speedier market entry.

Already, RockX has registered an influx of over 7,000 ETH staking put up the Shapella improve and anticipates a further 50,000 ETH within the coming weeks. RockX’s staking options have garnered the belief of main crypto exchanges and wallets/custodians, together with Amber Group, Bitgo, and Matrixport.

“Our partnership with RockX displays our joint dedication to enhancing investor confidence and establishing a safe and environment friendly crypto ecosystem. We’re enthusiastic concerning the potential of RockX’s institutional staking answer, which we consider will handle liquidity wants of institutional purchasers whereas driving innovation within the blockchain business.”– Annabelle Huang, Managing Accomplice of Amber Group

Following the latest launch of its Liquid Staking product, Bedrock, and a White Label product designed for firms searching for to ascertain crypto companies, the addition of an ETH native staking service showcases RockX’s devotion to serving to establishments overcome hurdles to Ethereum adoption.

“Our diversified staking options, headlined by the brand new ETH native staking software, equip establishments with dependable and user-friendly assets within the blockchain area. Because the staking panorama continues to develop, we’re thrilled to be on the forefront of this thrilling evolution in institutional staking options.”– Chen Zhuling, CEO of RockX



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Tags: broadensCryptoNinjasETHetherLaunchNativeRockXSolutionstakingsuite

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