Stader Labs completes $4M funding raise to expand crypto staking

Stader Labs, a cryptocurrency staking management platform, announced on Thursday 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, Hypersphere, TerraForm Labs and the Solana Foundation. Stader Labs aggregates decentralized finance (DeFi) protocols and applications into a simplified staking solution for delegators in a bid to maximize their returns. The current offering includes staking, liquid staking, derivatives and gaming as well as high-yield strategies.
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- CoinRado.com