avatar

Liquid Staking Protocol pSTAKE Announced Closing of $10 Million Strategic Financing

TokenInsight news, pSTAKE, a liquidity pledge protocol, announced the closing of a $10 million strategic funding round led by Three Arrows Capital, Galaxy Digital, Sequoia Capital India and DeFiance Capital, with participation from Coinbase Ventures, Tendermint Ventures, Alameda Research, and others. pSTAKE was developed by the team behind Persistence, an interoperable proof-of-stake (PoS) protocol powered by the Tendermint BFT consensus algorithm. pSTAKE's multi-chain technology stack currently supports Cosmos, Ethereum, and other Tendermint-based blockchains.
Source

Fund Raising

Related News
ZK-powered onchain credit analytics startup Accountable raises $2.3 million seed round ZK-powered onchain credit analytics startup Accountable raises $2.3 million seed round
Crypto-AI startup Fraction AI raises $6 million in pre-seed funding Crypto-AI startup Fraction AI raises $6 million in pre-seed funding
Crypto casino Monkey Tilt raises $30 million Series A led by Pantera Capital Crypto casino Monkey Tilt raises $30 million Series A led by Pantera Capital
Praxis gets $525M for utopic crypto, AI-friendly city Praxis gets $525M for utopic crypto, AI-friendly city
Decentralized Stablecoin Minting Protocol M^0 Raised $35M, Led by Bain Capital Crypto Decentralized Stablecoin Minting Protocol M^0 Raised $35M, Led by Bain Capital Crypto
Latest News More More
1 Day Ago LINE introduces Telegram-style Dapps to boost Web3 adoption in Asia
1 Day Ago Bitwise files Dogecoin ETF registration, firm confirms
1 Day Ago Corn raises $8.3 million in community funding to push Bitcoin’s use on its Ethereum Layer 2
3 Days Ago Linea filters over half a million Sybil addresses from upcoming token airdrop
3 Days Ago Trump-backed World Liberty Financial swaps approximately $90 million worth of stablecoins for ETH, LINK and other tokens

About TokenInsight

Services

Products

Support

Google Play
Google Play
Google Play
2018 – 2023 © TokenInsight Ltd. All rights reserved
Disclaimer Terms of Service Privacy Policy
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open