ssv.network Closed $10 Million in Funding with Coinbase and others
TokenInsight news, ssv.network, a decentralized Ethereum staking infrastructure, has closed a $10 million round of funding with participation from Digital Currency Group, Coinbase, OKX and others. The funds raised will be used to expand its decentralized staking offering for Ethereum users who want to run validators after the network switches to Proof-of-Stake.
ssv.network is a decentralized staking protocol for running nodes on Ethereum's consensus layer. It’s aims to simplify the process of staking and running validator nodes on Ethereum’s consensus layer, which was previously known as ETH 2.0. The project launched after receiving a grant from the Ethereum Foundation last year. It’s currently in a testnet phase.