While Over $160B Is locked For Staking, More Companies Are Offering The New Revenue Stream

In the past 4 weeks, the total value locked (TVL) for staking has increased by 258% from $45.2 billion to $161.8 billion. Clearly, locking tokens for staking has become a new revenue stream for both platform developers and crypto holders, who mutually benefit from the carefully designed incentive ecosystem.

Invictus Capital, the alternative investment firm, is the latest to offer staking rewards through its ICAP program. With Invictus, investors receive both the benefits of investing in funds and also yield the rewards of staking their fund tokens on the platform. To realize value on earned ICAP tokens, investors can sell the token on the Uniswap platform.

Invictus Capital offers dollar-backed, blockchain-based investment funds, and currently manages over $100 million in assets. Since the ICAP initiative was launched in December 2020, the value of all locked-up investment fund tokens exceeds $30 million, with the price of the token jumping approximately 130 percent in a matter of days.

It seems Staking is becoming a prominent avenue to generate yield, with companies like Coinbase offering staking on Ethereum 2.0. Alongside the major crypto players, more traditional institutions are getting in the game thanks to companies like GK8, which offers an air-gapped cold vault for safe crypto custody, together with Cold Staking on Ethereum 2.0.

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