Helix Labs, a restaking protocol provider, has announced securing $2 million in pre-seed funding. This funding round was led by Tribe Capital and Emergo Ventures, valuing the company at $40 million. With this funding, Helix Labs aims to enhance its ADA staking support, providing users with a seamless and efficient way to stake their ADA tokens. The company's mission is to simplify the staking process, making it accessible to a wider range of investors and enthusiasts. The funding will also support Helix Labs' ongoing research and development efforts, as it continues to innovate in the field of cryptocurrency staking.