VC Fund Investments
Crypto staking startup Stader Labs raises $12.5 M from Three Arrows Capital, others
Singapore- and Bengaluru-based “cryptocurrency staking†management startup Stader Labs has raised USD 12.5 million in a private sale led by Three Arrows Capital. The round also saw participation from Blockchain.com, Accomplice, DACM, GoldenTree Asset Management, Accel, Amber, 4RC, Figment. Angel investors like Prabhakar Reddy (FalconX) and Matt Cantieri (Anchor Protocol). Stader is a non-custodial smart contract-based staking platform that claims to help retail investors and institutions discover and access staking solutions. Its modular smart contracts and staking middleware infrastructure for PoS (proof-of-stake) networks can be leveraged by retail users, exchanges, custodians and mainstream fintech players.
From the Venture Intelligence PE-VC Deal Database: In Oct-21, Stader Labs raised $4-M from Jump Capital, True Ventures, Coinbase Ventures, Pantera Capital, and others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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