On Tuesday, pSTAKE, a liquid staking protocol from decentralized finance (DeFi) platform Persistence, announced in a statement provided to Cointelegraph that it had closed a $10 million strategic funding round from venture capital firms. Tendermint, the core developer behind the Cosmos network, powers Persistence blockchain with its consensus engine.Liquid staking is the … [Read more...] about Liquid staking protocol pSTAKE raises $10M from notable cryptocurrency venture capital firms and angel investors
PStake
Liquid Staking Protocol PStake Raises $10M in Strategic Funding
PStake, the liquid staking protocol from Indian trade finance company Persistence, has closed a $10 million strategic funding round led by Three Arrows Capital, Galaxy Digital, Sequoia Capital India and Defiance Capital. Other investors in the round included Coinbase Ventures, Tendermint Ventures, Kraken Ventures, Alameda Research, Sino Global Capital, Spartan Group and a … [Read more...] about Liquid Staking Protocol PStake Raises $10M in Strategic Funding