🎉 StakeStone has just secured $10.00M in its latest funding round! 🎉
🔹About: StakeStone is a omnichain liquidity infrastructure that introduces STONE and SBTC, liquid versions of ETH and BTC respectively, powered by a dynamic staking network. With its highly scalable architecture, StakeStone supports prominent staking pools and is poised for future restaking functionalities. The platform creates a multi-chain liquidity market centered around STONE assets, offering users diverse use cases and enhanced yield opportunities. StakeStone provides three types of liquid assets: STONE ETH (yield-bearing liquid ETH), SBTC (liquid BTC), and STONEBTC (yield-bearing BTC). The protocol addresses on-chain liquidity fragmentation and opportunity costs for ETH stakers and BTC holders. Since its inception in 2023, StakeStone has raised over $22 million from prominent crypto funds like YZi (Binance) Labs, Polychain Capital, and Hashkey Capital. The platform's innovative approach aims to enhance user experience and provide web3 developers with comprehensive tools to offer a wider range of yield opportunities.🚀🌐
🔹 Lead Investors: BingX labs, Polychain Capital, YZi Labs, OKX ventures, Hashkey Capital, Amber Group and many more.
🔹 Total Raised: $32.00M.
🔹 Project Category: DeFi, LSDfi.
🌟If You find this useful Repost, Save, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights
@Crypto Simbha 🦁🙏🏻
#StakeStone #LSD #lsdfi #DEFİ #ETH $REZ $ETHFI $ETH