BlockBeats news, on November 19, according to official news, staking protocol developer Alluvial has completed a $4.3 million strategic financing round, led by Variant. Participants include Ethereal Ventures, Brevan Howard Digital, F-Prime Capital under Fidelity Investments, and Nascent, among others. This round of financing brings Alluvial's total financing amount to $22.5 million.
It is reported that Alluvial, as a supporter of the Liquid Collective staking standard, will use the new funds to promote the development of enterprise-level staking solutions. Data shows that Liquid Collective is currently one of the fastest-growing protocols on Ethereum, with a TVL exceeding $374 million, a growth of 360% over the past year, and has gained support from 13 mainstream platforms including Coinbase, Anchorage, and Fireblocks.
