Crypto staking firm Stader Labs raises $12.5 million in new funding

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ICYMI: Crypto staking firm Stader Labs raises $12.5 million from Three Arrows Capital and others

January 20, 2022, 8:00AM EST · 1 min readCrypto staking infrastructure firm Stader Labs has raised $12.5 million in a new funding round.

Angel investors, including FalconX co-founder Prabhakar Reddy and Anchor Protocol general manager Matt Cantieri, also backed the round.in February. The new round, like its previous round, is also realized via a simple agreement for future tokens sale, Stader's co-founder and CEO Amitej Gajjala told The Block.

Gajjala said Stader is preparing to add support for Solana, Hedera, and Fantom in the next two to three months and Ethereum and Polygon in the second quarter of this year. The platform is also considering supporting NEAR and Polkadot blockchains.

 

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