Geode Finance Secures $3M In Seed Funding Round Led By Multicoin Capital, To Provide Daos With The Ultimate White Label Liquid Staking Solution
Geode Finance Secures $3M In Seed Funding Round Led By Multicoin Capital, To Provide Daos With The Ultimate White Label Liquid Staking Solution
06/07/22, 9:00 AM
Location
Money raised
$3 million
Round Type
seed
Today, Geode Finance, a novel white label liquid staking solution for DAOs, announced a $3M investment in a seed funding round led by Multicoin Capital, a leading digital asset investment firm headquartered in Austin, Texas. The round of financing also includes market maker and ecosystem partner GSR, blockchain investment fund C2 Ventures, yield optimization protocol Yield Yak, and blockchain infrastructure provider Eden Network. Geode will initially deploy on Avalanche Network, before expanding to Ethereum 2.0 and other popular proof-of-stake (PoS) blockchains to facilitate the growth of the multichain economy.