Stader Labs completes $4M funding raise to expand crypto staking
Founded in April 2021, the platform raised funds from a plethora of high-profile figures from the crypto and blockchain space. Stader Labs, a cryptocurrency staking management platform, has today announced a $4 million financing round to accelerate development across multiple blockchains including Ethereum, Near and Polkadot, as well as broadening its marketing campaigns.The funding raise was conducted by Pantera Capital, with participation from a prominent number of venture capital funds, blockchain foundations and angel investors, including Coinbase Ventures, True Ventures, Hypershare,....
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There are now over 15,000 unique wallets staking on Stader Labs, with total value locked of around $500 million. On Thursday, Stader Labs, a crypto firm building decentralized finance, or DeFi, products for proof-of-stake blockchain networks, announced that it raised $12.5 million in a private sale. The funding round was led by Three Arrows Capital with additional participation from Blockchain.com, Accomplice, DACM, GoldenTree Asset Management, Accel, Amber, 4RC, Figment, and anger investors. This puts Staber Labs at a valuation of $450 million.Amitej Gajjala, CEO of Stader Labs, issued....
Uniswap Labs, the firm behind the Uniswap decentralized exchange protocol, announced on Thursday that it raised $165 million in a Series B funding round. According to one report, the capital raise, which sees Uniswap Labs’ valuation rise to $1.66 billion, is the largest by any crypto firm in 2022. Uniswap Completes $165M Capital Raise, Decentralized Exchange Reveals NFT Launch Uniswap Labs, the creator of the decentralized exchange (dex) Uniswap protocol, recently said it had raised $165 million via a Series B funding round. The funding round was led by Polychain Capital with the....
Crypto derivatives exchange FTX is raising a funding round with a private valuation just north of $20 billion. Per The Block, the exchange is reportedly looking for funding anywhere from $400 million to $1 billion. The latest funding raise would be used to expand FTX’ exchange offerings beyond cryptocurrencies in light of competitors venturing into […]
Binance’s BNB Chain will offer support to Terra ecosystem projects looking to migrate away from the ailing DeFi protocol. Binance will welcome migration and offer support to projects from the Terra (LUNA) ecosystem following this month’s unraveling of the decentralized finance (DeFi) platform and its algorithmic stablecoin.BNB Chain has committed to providing investment and support to projects that are considering migrating from the Terra ecosystem in the wake of the biggest black swan event to hit the cryptocurrency space in recent years.Stader Labs will become one of the first Terra....
The company behind the development of the Ethereum-based decentralized exchange, Uniswap Labs, recently announced the successful completion of a Series B. The funding round managed to raise $165 million to expand the adoption of the protocol and “bring Web3 to everyone”. Related Reading: CoinCorner Sets Up Shop In El Salvador, Offers Bitcoin And Lightning Services […]