Stader Labs Raises $12.5M
01/21/22, 10:11 AM
Location
Money raised
$12.5 million
Stader Labs, a cryptocurrency staking management platform, Thursday announced that it has raised a fresh funding round of $12.5 million at a valuation of $450 million.
Company Info
Location
mumbai, maharashtra, india
Additional Info
The startup, cofounded by Sidhartha Doddipalli (CTO) and Amitej Gajjala (CEO), has a team of 12 across four continents. “The company will provide aggregation and decentralization to staking assets and derivatives across both protocols and validators. Founded in April, Stader Labs is a cryptocurrency staking management platform that is building decentralized financial protocols and applications for efficient stake management on public blockchain networks.