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. This funding round will support the launch of the Universal Staking Framework, enhancing blockchain coordination and interoperability. The funding is aimed at improving the scalability and security of decentralized applications (dApps) across various blockchain networks. The Series A funding is expected to accelerate the development of innovative DeFi solutions and strengthen the company's position in the decentralized finance landscape. The round was co-led by Pantera Capital and Coinbase Ventures, marking a significant milestone for the company in the competitive DeFi space.