pSTAKE Protocol Raises $10 Million In Funding Round, Becomes Largest Liquid Staking Protocol In The Cosmos Ecosystem

1 RfJXpcBJpBdD 8hvHD5dOg
pSTAKE has issued an official announcement that it has successfully raised $10 million in a strategic funding round. The liquid staking protocol completed the funding round which was led by Three Arrows Capital, Sequoia Capital India, DeFiance Capital, and Galaxy Digital.

pSTAKE Raises $10 Million Strategy Funding

The funding round saw some high-class participation from notable venture capital firms including the likes of Coinbase Ventures, Kraken Ventures,  Tendermint Ventures, Alameda Research, Spartan Group, and Sino Global Capital. Some angel investors also tagged along representing projects like Alpha Finance, Aave, and Terra.

advertisement

Disclaimer
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
About Author