According to Odaily, Kintsu, a liquid staking protocol based on the Monad blockchain, has successfully raised $4 million in a seed funding round. The round was led by Castle Island Ventures, with participation from Brevan Howard Digital, CMT Digital, Spartan Group, Breed VC, CMS Holdings, and Animoca Ventures. The funding structure includes a Simple Agreement for Future Equity (SAFE) combined with token warrants. However, Kintsu's founder, Stephen Novenstern, declined to comment on the company's valuation.