StakeStone raises $22 million in latest funding round
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Nov 11 2024Funding Announcement: StakeStone has successfully raised $22 million in funding led by Polychain Capital, with notable participation from Binance Labs and OKX Ventures, aimed at enhancing product development and market expansion.
Product Development Plans: The funds will be utilized to accelerate the growth of StakeStone's omnichain liquid staking protocol, including launching new liquidity products and payment solutions while expanding its presence across various blockchain networks and DeFi protocols.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
