P2P.org Bets Big on IOTA’s Reboot—Institutional Staking Giant Becomes Genesis Validator
Another day, another blockchain ’revolution’ gets a Wall Street stamp of approval. P2P.org—the institutional staking powerhouse managing over $4B in assets—just joined IOTA’s reborn mainnet as a genesis validator.
Why it matters: When big-money players start babysitting your network, it means one of two things: either your tech’s legit... or your marketing team deserves a raise. IOTA’s betting on the former with its ’feeless’ DAG architecture finally getting serious validator muscle.
The punchline: While TradFi still thinks ’crypto winter’ means ski vacations, staking providers like P2P.org are quietly building the plumbing for the next bull run—and collecting those sweet, sweet token rewards while bankers fight over 0.01% yield scraps.
Understanding The IOTA Rebased Mainnet Launch
The IOTA Rebased mainnet launch is the most significant upgrade to the network. The mainnet launched on May 5, 2025, following the collective decision of IOTA token holders. The Rebase mainnet transitions the network into a fully decentralized, delegated Proof-of-Stake (DPoS) architecture through the latest upgrade.
The 13 Genesis Validators helped transition the network’s funds, assets and data from the current IOTA Stardust network to the new IOTA mainnet. As a “new and unique” network, the IOTA mainnet aims to provide a truly decentralized network via the validators. Each of the 13 validators was tasked with independently creating and verifying the Genesis state of the new IOTA mainnet, ensuring a perfect 1:1 transfer of the final ledger state from the previous IOTA Stardust network.
This careful validation process ensured that every address, balance, and token was transferred correctly, maintaining the integrity of the network and preserving access for all token holders.
Looking Forward
P2P.org has grown into one of the largest institutional staking service providers since its launch in 2018. The company boasts $4.7 billion in total value of staked and restaked assets across 40 networks and supports 90,000+ delegators and 130+ institutional clients. According to the IOTA team, P2P.org was an “easy selection as a Genesis Validator”, having worked with other selected Genesis Validators to prepare for this launch for the past five months.
Following the Genesis Celemory and the launch of the mainnet network, additional validators will now be able to join in a permissionless manner based on delegation from IOTA stakers. The IOTA Foundation will gradually delegate funds from its treasury to qualified validators to ensure a secure bootstrapping of the mainnet.
The network is expected to fill its validator committee size of 50 active validators within five epochs (approximately 5 days). The composition of this committee will be determined entirely by delegation amounts, with updates occurring every epoch (24 hours).
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
