Symbiotic
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Pantera and Coinbase invest 29 million USD in Symbiotic. The 'formidable rival' of EigenLayer is on the rise.
A new name is quietly making a big wave in the restaking world: Symbiotic – a protocol that has only emerged since 2024 but has quickly raised 29 million USD from a series of major names like Pantera Capital, Coinbase Ventures, and over 100 angel investors from top projects like Aave, Polygon, and StarkWare.
What makes Symbiotic regarded as a formidable 'counterbalance' to EigenLayer – the restaking protocol that is dominating the market? Let's explore further.
What makes Symbiotic regarded as a formidable 'counterbalance' to EigenLayer – the restaking protocol that is dominating the market? Let's explore further.
🚨$29M FOR STAKING LAYER
🔹Symbiotic raises $29M to launch a Universal Staking Framework backed by Pantera Capital & Cøinbase Ventures.
🔹100+ angels joined, incl. Aave, Polygon, StarkWare
🔹Supports any token to secure L1/L2, bridges, AI, ZK systems
🔹Used by 14 networks: Hyperlane, Spark, Avail & more
🔹Adds programmable security via decentralized validators
🔹Seen as “next step in blockchain infra” by Pantera
#Web3 #Staking #Symbiotic #DeFi #CryptoFunding $ETH
🔹Symbiotic raises $29M to launch a Universal Staking Framework backed by Pantera Capital & Cøinbase Ventures.
🔹100+ angels joined, incl. Aave, Polygon, StarkWare
🔹Supports any token to secure L1/L2, bridges, AI, ZK systems
🔹Used by 14 networks: Hyperlane, Spark, Avail & more
🔹Adds programmable security via decentralized validators
🔹Seen as “next step in blockchain infra” by Pantera
#Web3 #Staking #Symbiotic #DeFi #CryptoFunding $ETH
🚨 Symbiotic Raises $29M Series A to Launch Universal Staking Framework!
Big news in the staking world! Symbiotic, a rising crypto staking protocol, just closed a $29 million Series A round led by Pantera Capital, with major backing from Coinbase Ventures and over 100 angel investors — including members from Aave, Polygon & StarkWare! 💼🚀
Why This Matters:
New Universal Staking Framework just launched — designed to boost blockchain security across Layer-1s & Layer-2s. 🔒⚙️
Allows flexible, modular staking with ANY asset combo — not locked to just one chain! 🔁
Aims to become a key economic coordination layer across the crypto ecosystem. 🌐
Opens doors for new products: insurance, risk management, & more powered by multi-chain staking! 📊🛡️
What the team said:
Co-founder Misha Putiatin says this framework helps protocols evolve over time — no need to rebuild from scratch! 🛠️
With big names backing it and tech that unites chains through staking, Symbiotic could shake up how Web3 secures itself.
Are you bullish on cross-chain staking? Let’s hear your thoughts below!
#CryptoNews #Staking #Symbiotic #BlockchainSecurity #PanteraCapital
Big news in the staking world! Symbiotic, a rising crypto staking protocol, just closed a $29 million Series A round led by Pantera Capital, with major backing from Coinbase Ventures and over 100 angel investors — including members from Aave, Polygon & StarkWare! 💼🚀
Why This Matters:
New Universal Staking Framework just launched — designed to boost blockchain security across Layer-1s & Layer-2s. 🔒⚙️
Allows flexible, modular staking with ANY asset combo — not locked to just one chain! 🔁
Aims to become a key economic coordination layer across the crypto ecosystem. 🌐
Opens doors for new products: insurance, risk management, & more powered by multi-chain staking! 📊🛡️
What the team said:
Co-founder Misha Putiatin says this framework helps protocols evolve over time — no need to rebuild from scratch! 🛠️
With big names backing it and tech that unites chains through staking, Symbiotic could shake up how Web3 secures itself.
Are you bullish on cross-chain staking? Let’s hear your thoughts below!
#CryptoNews #Staking #Symbiotic #BlockchainSecurity #PanteraCapital
Symbiotic raises $29M in a Series A funding round
#Symbiotic secures $29M in a Series A funding round led by Pantera Capital, with participation from Coinbase Ventures and over 100 angel investors. Symbiotic will utilize secured funds to expand from restaking into a broader universal staking platform. The Series A brings Symbiotic's total funding to $34.8M.
Symbiotic is a generalized restaking system that helps decentralized networks create robust, self-sufficient ecosystems.
👉 theblock.co/post/351648/paradigm-restaking-symbiotic-series-a-funding
#Symbiotic secures $29M in a Series A funding round led by Pantera Capital, with participation from Coinbase Ventures and over 100 angel investors. Symbiotic will utilize secured funds to expand from restaking into a broader universal staking platform. The Series A brings Symbiotic's total funding to $34.8M.
Symbiotic is a generalized restaking system that helps decentralized networks create robust, self-sufficient ecosystems.
👉 theblock.co/post/351648/paradigm-restaking-symbiotic-series-a-funding
𝗖𝗿𝘆𝗽𝘁𝗼 𝗦𝗵𝗲𝗲𝘁 𝗳𝗼𝗿 𝗕𝗲𝗴𝗶𝗻𝗻𝗲𝗿𝘀
💪 HODL - Hold On for Dear Life
😱 FOMO - Fear Of Missing Out
🧠 DYOR - Do Your Own Research
🔑 ATH - All-Time High 🚀
📉 ATL - All-Time Low
💸 BTD - Buy The Dip 🤑
📊 FA - Fundamental Analysis
🛑 FUD - Fear, Uncertainty, Doubt
🕵️♂️ KYC - Know Your Customer
💰 LP - Liquidity Provider
🎨 NFT - Non-Fungible Token
🤝 P2P - Peer-to-Peer
🪙 POS - Proof of Stake
⛏️ POW - Proof of Work
📈 TA - Technical Analysis
⏩ TL;DR - Too Long; Didn't Read
#Follow_Like_Comment
$BTC $ETH $DOGE #MileiMemeCoinControversy #CardanoETFTalk #Symbiotic #Beginnersguide
💪 HODL - Hold On for Dear Life
😱 FOMO - Fear Of Missing Out
🧠 DYOR - Do Your Own Research
🔑 ATH - All-Time High 🚀
📉 ATL - All-Time Low
💸 BTD - Buy The Dip 🤑
📊 FA - Fundamental Analysis
🛑 FUD - Fear, Uncertainty, Doubt
🕵️♂️ KYC - Know Your Customer
💰 LP - Liquidity Provider
🎨 NFT - Non-Fungible Token
🤝 P2P - Peer-to-Peer
🪙 POS - Proof of Stake
⛏️ POW - Proof of Work
📈 TA - Technical Analysis
⏩ TL;DR - Too Long; Didn't Read
#Follow_Like_Comment
$BTC $ETH $DOGE #MileiMemeCoinControversy #CardanoETFTalk #Symbiotic #Beginnersguide
⚡ 𝐓𝐨𝐩 10 𝐏𝐫𝐨𝐣𝐞𝐜𝐭𝐬 𝐨𝐧 𝐄𝐭𝐡𝐞𝐫𝐞𝐮𝐦 𝐛𝐲 30𝐃 𝐓𝐕𝐋 𝐆𝐫𝐨𝐰𝐭𝐡
.
Spool Protocol +12К%
Symbiotic +434% #symbiotic
Mellow Protocol +298%
Amphor +194%
Stargate Finance +168% $STG
Mitosis +139%
Ouchi Finance +96.9%
Inverse Finance +76.3%
Magpie Ecosystem +74.1%
Reserve Protocol +71.1%
🅃🄴🄲🄷🄰🄽🄳🅃🄸🄿🅂123
#mitosis #BTC #bitcoin
.
Spool Protocol +12К%
Symbiotic +434% #symbiotic
Mellow Protocol +298%
Amphor +194%
Stargate Finance +168% $STG
Mitosis +139%
Ouchi Finance +96.9%
Inverse Finance +76.3%
Magpie Ecosystem +74.1%
Reserve Protocol +71.1%
🅃🄴🄲🄷🄰🄽🄳🅃🄸🄿🅂123
#mitosis #BTC #bitcoin
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