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Press Release

Staking Summit 2024: Uniting The Blockchain Community For a PoS Future

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Kayelee Rosales

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The Staking Summit 2024, held in Bangkok, Thailand, on November 8-9, successfully brought together over 1,000 blockchain professionals worldwide, including validators, developers, investors, and innovators. Hosted by Staking Rewards, the event highlighted the rapid growth of the Proof-of-Stake (PoS) sector, with more than 80 speakers and 40+ sponsors discussing the latest trends and innovations. Key topics included Bitcoin staking, Liquid Staking Token Finance (LSTfi), Ethereum restaking, best practices for validators, home staking, and the future of new PoS networks.

Keynote Speakers and Institutional Focus

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The summit focused on boosting institutional involvement in staking. Leaders from Coinbase, Babylon, and Lido discussed ways to collaborate with institutions. 

Coinbase discussed making it easier for new users to access staking through simple platforms. At the same time, Babylon Labs focused on new ideas to make staking more accessible and efficient for developers and large institutions. 

Fisher Yu from Babylon Labs also shared updates on the wider Proof of Stake (PoS) system and how new networks are shaping the future of staking technology.

Lido, a leader in liquid staking, talked about how decentralized staking pools are becoming more important and the opportunities they create for individual stakers and validators. Their involvement showed that institutions are more interested in staking solutions and need better infrastructure to support large-scale participation.

Notable Insights From Industry Leaders

Notable attendees, including Vitalik Buterin(Co-Founder of Ethereum) and Sunny Aggarwal (co-founder of Osmosis), shared their insights about the future of the $420 billion staking industry:

Vitalik Buterin discussed the importance of staking for the growth of decentralized networks. He emphasized its role in Ethereum’s move to Proof of Stake, which can help make blockchain systems more sustainable and scalable. His vision shows Proof of Stake systems are becoming more critical in cryptocurrency.

On the other hand, Sunny Aggarwal talked about the importance of different PoS networks working together. He explained that the future of staking could involve smooth cross-chain interactions, allowing users to move quickly and stake assets across different blockchain networks. He also discussed the need for ongoing improvements in staking systems to create a more connected and efficient decentralized financial system.

The Staking Summit’s Vision For 2025

Looking ahead to 2025, the summit’s vision is to support continuous growth in the staking sector. It will focus on improving decentralized networks by making different blockchains work better together and developing Proof-of-Stake (PoS) systems. 

Mirko Schmiedl, CEO of Staking Rewards, emphasized that the summit serves as a platform to highlight the rapid growth and future of the staking industry. He stated, “The staking landscape is now the frontline for much of the innovation occurring in crypto today,” and added that the summit’s goal is to highlight what will drive the growth in 2025 and the following years.

Also, the main topics in the event—such as the growth of Liquid Staking Token Finance (LSTfi) and how more institutions are getting involved in staking—are important for shaping the staking industry in 2025, as more institutions begin to use PoS protocols in their investments. This is the main reason the staking ecosystem will grow quickly​.

The summit marked an essential step toward 2025, focusing on more innovation, greater use of PoS in traditional finance, and better connections between different blockchain networks.

About The Staking Summit

The Staking Summit is an annual event that brings together leaders and experts from the Proof of Stake (PoS) industry. It includes keynote talks, panel discussions, workshops, and networking opportunities. Held annually in Bangkok, Thailand, the Staking Summit covers the latest updates, challenges, and future trends in PoS technology and the broader blockchain ecosystem.

Kayelee Rosales

About the Author

Kayelee is a visionary thinker and a writer at the forefront of cryptocurrency innovation. With a passion for blockchain technology and a keen eye for market trends, Kayelee is dedicated to educating and empowering individuals to navigate the complexities of the digital asset space, fostering greater understanding and adoption of blockchain technology.