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Fortune
Fortune
Ben Weiss

Staking infrastructure firm P2P.org raises $23 million shortly after upgrade to Ethereum

The Ethereum logo superimposed over a spiral background. (Credit: Illustration by Fortune)

P2P.org, a blockchain infrastructure firm, announced on Thursday that it had raised $23 million in a round led by Jump Crypto, Bybit, and Sygnum.

Dmitry Argunov, P2P.org’s chief product officer, declined to provide the implied valuation of the company, whose only physical office is in Cyprus. A company spokesperson also declined to make public other participants in the funding round.

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