A $10 billion firm is landing in Argentina: which banks and fintechs it targets

P2P.org has partnered with the Argentine company BoulderTech to offer staking solutions to banks, exchanges, custodians, and asset managers. The alliance will start in the local market and also considers the possibility of installing blockchain validation infrastructure in the country.

The Argentine digital asset market adds a new institutional player. P2P.org, a company managing over $10 billion in staking assets, has sealed a partnership with BoulderTech to develop this business among banks, exchanges, custodians, and fund managers in Latin America.

The agreement will initially focus on Argentina and then seek to expand into Brazil and Mexico. In addition to distributing their services among financial institutions, both companies will analyze the feasibility of installing blockchain validation infrastructure in the country.

This entry opens the door to a still nascent segment in the local market: institutional staking, an activity that allows earning returns on certain crypto assets without the need to sell them.

Staking is a mechanism used by blockchain networks that operate under the proof of stake system. Among the most well-known are Ethereum, Solana, Cardano, and Polkadot.

In these networks, users lock a certain amount of tokens to assist in validating operations and securing the blockchain. In return, they receive rewards generally paid in the same cryptocurrency.

Financially, the mechanism can be compared, although with important differences, to placing an asset to generate income. The owner retains their exposure to the token while simultaneously earning a return for putting it to work for the network.

However, it is not a fixed term or an investment with a guaranteed rate. The outcome depends on the rewards paid by each blockchain, the provider's fees, the asset price behavior, and the technical risks associated with validation.

The principle is the same, but the scale and necessary infrastructure change.

A retail investor can stake through a wallet or a crypto platform. A bank, an exchange, or an asset manager needs additional security controls, custody, regulatory compliance, reporting, operational continuity, and risk management.

Institutional staking aims to address these demands. It allows large holders of digital assets to delegate validation to a specialized provider, without having to develop all the technological infrastructure internally.

P2P.org presents itself as a non-custodial staking provider. This means that, in principle, it provides the necessary infrastructure to participate in the networks without directly assuming custody of the assets. For an institution, this distinction is relevant because it determines who retains control of the funds and how risks are distributed.

The company has been operating since 2018, works on over 40 blockchain networks, and has more than 190 institutional clients, according to information released by the company.

The entry into the local market will be through a partnership with BoulderTech, an Argentine company belonging to Shefa Group and specialized in infrastructure for digital assets and tokenization.

BoulderTech will be responsible for commercial development and identifying opportunities among banks, exchanges, custodians, asset managers, and other financial companies in the region.

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