On Tuesday, the liquid staking firm Alluvial revealed a consortium of organizations will collaborate on the “first enterprise-grade multi-chain liquid staking protocol.” Alluvial’s announcement...
ThesisI am thrilled to share that CoinFund has co-led GoGoPool’s $5MM seed funding round! GoGoPool is building the first Avalanche native protocol that is...
Ethereum is printing another bullish indicator in the market that points to an imminent price wave. Per on-chain data by IntoTheBlock, the Ethereum market has recorded its largest single-day exchange outflow in 2022.
In mid-March, the top five blockchains — in terms of total value locked (TVL) in decentralized finance (defi) — currently command more than 82% of the $198 billion TVL in defi across all blockchains. Each of these chains offers different types of defi protocols like decentralized exchange (dex) platforms and lending applications, allowing people to…
Silicon Valley based venture capital firm Andreessen Horowitz (“a16z”) has announced that it has invested in decentralized staking platform Lido. What Is Lido? Lido, which was introduced on 15 October 2020, is “a liquid staking solution for ETH 2.0 backed by industry-leading staking providers.” It “lets users stake their ETH – without locking assets or maintaining […]
The venture capital firm said Lido's liquid staking solution removes many "operational complexities" institutional investors have faced in staking ETH.