https://ift.tt/3tGXQef Labs Raises $12M in Strategic Sale as It Builds ‘Staking as a Service’ Business

Stader Labs Raises $12M in Strategic Sale as It Builds ‘Staking as a Service’ Business

https://ift.tt/3tNUeHh


Staking platform Stader Labs announced Thursday it has closed a $12.5 million private sale led by Three Arrows Capital, valuing the Bangalore-based company at $450 million. Staking is part of the consensus mechanism of Proof-of-Stake (PoS) protocols. Instead of relying on computers solving arbitrary mathematical problems to validate transactions on the blockchain, as is the […]

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