Stride has raised $6.7M in seed round led by North Island VC, Distributed Global and Pantera Capital

oskar05@newsletter.paragraph.com (Voli) — Mon, 08 Aug 2022 14:53:30 GMT

Cosmos staking protocol Stride has announced the closure of a $6.7M seed round co-led by North Island VC, Distributed Global and Pantera Capital. Other investors include 1Confirmation, Cerulean Ventures, Node V, Imperator, Cosmostation and Everstake. Stride aims to bring liquid staking — the process of staking tokens to secure a network without losing access to the funds for a set period of time — to the Cosmos ecosystem.