P2P.org lets Arkis clients trade against staked assets

P2P.org has integrated its staking infrastructure with Arkis, allowing institutional clients to use staked Solana and Avalanche assets as collateral while continuing to earn protocol rewards.

P2P.org staking enters Arkis collateral system

P2P.org said in an Aug. 13 announcement that Arkis clients can now stake supported assets through its validator infrastructure and post the resulting positions as collateral without unstaking them first.

At launch, the integration supports Solana and Avalanche. P2P.org and Arkis did not say when other proof-of-stake networks might be added.

Once deposited, the staked asset and any trades backed by it sit within a single Arkis account. The prime broker calculates margin from the aggregate risk of the account instead of assessing each position separately at the trading venue where it is held.

Clients can therefore borrow against a supported staked position in the same way that they borrow against other collateral accepted by Arkis. According to the announcement, the asset continues generating protocol rewards while it supports the client’s trading positions.

The service is available through Carry Trades in Arkis Alpha. After a client selects a staked asset, the platform displays the strategies that accept it as collateral and provides the stated economics before capital is committed.

P2P.org supplies the non-custodial staking and validator infrastructure, while Arkis handles credit, collateral, and portfolio risk.

“Collateral is only as good as the operator standing behind it,” said Artemiy Parshakov, vice president of strategic solutions at P2P.org.

Parshakov added that staking can no longer be treated as a passive balance-sheet position once an institution borrows against it. According to the executive, P2P.org’s validator operations must meet the standards applied under Arkis’s credit and risk framework.

Arkis prices validator risk into margin

Adding staked assets to a margin account introduces risks that do not apply to cash or unstaked tokens. Proof-of-stake networks can penalize validators for conduct such as signing conflicting blocks or failing to meet certain network requirements.

Known as slashing, the penalty can reduce the number of tokens attached to a validator. Extended downtime can also reduce expected rewards, changing the value of a position used to support an open trade.

Arkis said its risk framework considers the quality of the staking operator when determining how the collateral should be treated. Slashing history and validator downtime are therefore assessed as margin inputs rather than excluded from the calculation.

“A growing share of institutional books sits in assets that earn yield, and credit providers have been slow to treat those positions as part of the portfolio they margin,” said Oleksandr Proskurin, chief product officer and co-founder of Arkis.

Proskurin said the integration places staked assets alongside the client’s other positions for margin purposes. Arkis chose P2P.org because the prime broker wanted to assess the operator behind the staked asset as part of its underwriting process, he added.

According to Arkis, the Spark-backed company has deployed more than $250 million in institutional credit since 2022 without recording bad debt. The figure is company-provided and was not independently verified in the announcement.

P2P.org reported that its validators operate across more than 40 proof-of-stake networks and secure over $10 billion in staked assets. The company also claimed that it has not recorded a slashing incident since its establishment in 2018 and serves more than 190 institutional clients.

Staked collateral keeps capital in use

Without such an arrangement, a fund may need to unstake an asset before using it as collateral elsewhere. Unstaking can involve a waiting period determined by the blockchain, during which the holder may lose access to trading opportunities or stop receiving some rewards.

The P2P.org integration allows the staked position to remain active while Arkis uses it to support other trades. Any rewards remain determined by the underlying protocol and can vary based on network conditions, the amount staked, validator performance, and protocol rules.

Using an earning asset as collateral does not remove liquidation or slashing risk. A decline in the token’s market price, a change in margin requirements, or a validator penalty could reduce the collateral supporting an open position.

The Arkis arrangement differs from restaking, in which an already-staked asset is used to secure additional blockchain services. As an August staking explainer detailed, restaking can expose an asset to several sets of slashing conditions when it secures multiple protocols.

Under the announced Arkis structure, the supported staked position serves as financial collateral within a prime brokerage account. The companies did not state that Solana or Avalanche assets would be restaked to secure another network.

P2P.org has used similar integrations to place its staking services inside existing institutional systems. In June, crypto.news reported that Taurus had integrated P2P.org validators with Taurus-PROTECT, allowing financial institutions to stake while retaining custody and control of their assets.

An earlier collaboration added P2P.org to Northstake’s ETH validator marketplace in January 2025. The companies said the marketplace was designed to provide regulated institutions with access to Ethereum validator infrastructure.

U.S. guidance covers some staking arrangements

For U.S. institutions, a May 2025 staff statement from the Securities and Exchange Commission’s Division of Corporation Finance addressed certain forms of protocol staking carried out directly or through a third-party operator.

The SEC staff statement said the protocol staking activities described in its analysis did not involve the offer and sale of securities. Its position covered some non-custodial arrangements in which token owners retain ownership and control of their assets and private keys while assigning validation rights to a node operator.

The division said its view depended on the specific facts and circumstances. Services that include additional business arrangements or depart from the activities described in the statement may require a separate legal assessment.

P2P.org describes its staking infrastructure as non-custodial, but neither company announced specific access for U.S. institutions or said that the Arkis integration had been assessed under U.S. securities law. The release also did not disclose whether geographic restrictions apply to Arkis Alpha.

In May 2025, the Office of the Comptroller of the Currency confirmed that national banks and federal savings associations may outsource permissible crypto activities to third parties when they maintain appropriate third-party risk controls. The OCC guidance addressed custody and transaction execution but did not approve P2P.org, Arkis, or the use of staked assets as trading collateral.

P2P.org separately announced an Aug. 11 partnership with BoulderTech to distribute staking and decentralized finance services in Argentina, Brazil, and Mexico. BoulderTech will connect the validator operator with regional exchanges, custodians, banks, asset managers, and funds, while both companies assess whether to deploy validator infrastructure at IRSA-backed facilities in Argentina.