Stake Technologies secures $10M to build DApp ecosystem for Polkadot and Kusama

Stake Technologies secures $10M to build DApp ecosystem for Polkadot and Kusama

The parent company of Plasm Network and Shiden Network has prioritized development initiatives centered around Polkadot and Kusama. The company received support from over a dozen venture firms and several other angel investors. Stake Technologies Inc., an infrastructure provider for decentralized applications and Web 3.0 protocols, has raised $10 million in strategic investments to help build out the Polkadot and Kusama ecosystems through its wholly owned Plasm and Shiden networks.The funds will be immediately deployed to help Stake Technologies complete a successful parachain lease....

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