Series A Round

Symbiotic is a generalized shared security system enabling decentralized networks to bootstrap powerful, fully sovereign ecosystems. The company will utilize secured funds to expand from restaking into a broader range of decentralized finance (DeFi) solutions, including the launch of the Universal Staking Framework. This innovative approach aims to enhance blockchain coordination and provide a seamless staking experience for users. The funding will also support the development of new features and partnerships within the DeFi space, positioning Symbiotic as a key player in the evolving DeFi landscape. The funding round was co-led by Pantera Capital and Coinbase Ventures, with participation from cbventures.