🚨 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