The liquidity pledge platform aPriori has completed a $8 million seed round financing, led by Pantera Capital

2024-07-25 22:49:10
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ChainCatcher news, according to The Block, the MEV-supported liquid staking platform aPriori based on the Monad blockchain announced the completion of a $8 million seed round financing, led by Pantera Capital, bringing its total funding to $10 million. This financing also attracted participation from several investors including Consensys, OKX Ventures, and CMS Holdings. aPriori is dedicated to building an efficient MEV and liquid staking architecture aimed at reducing gas fees, optimizing network traffic, and providing sustainable incentives for validators. The team chose to build on the EVM-compatible L1 Monad due to its high performance and portability.

Pantera Capital partner Lauren Stephanian stated, "We are excited to support aPriori in building MEV-driven liquid staking services on Monad, and the team's background gives us confidence in their success." aPriori's founder Ray has held significant positions at Jump Crypto and Flow Traders, bringing extensive infrastructure building experience.

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