The Kintsu liquidity pledge protocol has completed a $4 million financing round, led by Castle Island Ventures
ChainCatcher news, the liquid staking protocol Kintsu has completed a $4 million financing round, led by Castle Island Ventures. Brevan Howard Digital, CMT Digital, Spartan Group, Breed VC, CMS Holdings, Animoca Ventures, and angel investors Alex Matthews and Ross Trachtman from Brevan Howard Digital, Marin Tvrdic from Lido, and Robinson Burkey from Wormhole Foundation also participated.
Kintsu is a liquid staking protocol founded by Novenstern last year, who previously served as the strategic lead for the decentralized exchange Pangolin on the Avalanche blockchain.
Additionally, Kintsu's sMONAD liquid staking token will be launched in the first week after Monad's release. The Monad mainnet is expected to launch sometime this year.
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