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