In a significant advancement for cryptocurrency users, P2P.org, a renowned global staking provider, has partnered with Tangem, a leader in secure hardware wallets, to introduce native Cardano (ADA) staking directly within the Tangem application. This new feature allows users to participate in staking easily while retaining complete control over their assets.
Historically, staking Cardano has involved a cumbersome process for users, requiring them to switch between wallets, dashboards, or third-party platforms. This complexity often discouraged hardware wallet owners from actively participating in Cardano’s staking model, leading them to hold ADA without engaging in the broader ecosystem. The integration of P2P.org’s robust validator infrastructure into Tangem’s platform directly addresses these challenges.
With this update, Tangem users can delegate their ADA to P2P.org validators seamlessly through a few taps, all from within their hardware wallet. Crucially, private keys remain secure within Tangem’s hardware chip, ensuring that while users can stake their ADA, they do not have to compromise on security. P2P.org leverages the same trusted validator infrastructure that is utilized by exchanges, custodians, and various financial institutions globally.
This partnership aligns with Cardano’s core function of enabling ADA holders to support the network’s security and sustainability. By simplifying the staking process, both companies aim to enhance accessibility for users who may have previously abstained due to concerns regarding complexity or security implications.
Andrey Lazutkin, CTO of Tangem, emphasized the importance of user experience in self-custody solutions, stating, “Self-custody works best when it’s frictionless and actionable.” The collaboration is designed to merge cold storage security with a smooth, user-friendly staking experience.
Moreover, Artemiy Parshakov, VP of Institutions at P2P.org, pointed out that this initiative exemplifies how wallets can provide staking solutions without the need for them to build out in-house validator operations. He noted that Tangem is setting a benchmark for the industry and expressed enthusiasm about the potential for further integrations involving various wallets, exchanges, and custodians.
The implications of this integration for the staking industry are clear. It highlights two major trends: increased accessibility and scalability. More ADA holders can now stake securely using an established hardware wallet, fostering greater participation in Cardano’s ecosystem. Additionally, the integration provides an opportunity for wallets and custodians to incorporate staking via P2P.org’s infrastructure, thereby broadening their services without the hefty overhead associated with managing validator operations.
Cardano staking through P2P.org is now available to Tangem wallet users globally, marking a pivotal moment in the collaboration between the two firms. They have plans for further expansions, aiming to integrate additional networks in the coming months.
Founded in Switzerland in 2017, Tangem is dedicated to making self-custody simple and secure, offering innovative hardware wallet solutions that prioritize user experience. Meanwhile, P2P.org has established itself as a leading non-custodial staking provider since its inception in 2018, managing substantial staked assets while maintaining impeccable operational standards.
For further information about P2P.org and Tangem, users can visit their respective websites.
