Seed Round
Funding Details
Kintsu is a liquidity staking protocol operating on both the Monad and Aleph Zero blockchains. The company is set to launch its sMONAD liquidity staking token, which aims to enhance user engagement in decentralized finance (DeFi). The funding will be utilized to improve its platform, expand its DeFi offerings, and enhance user experience and security features. Kintsu aims to provide users with innovative staking solutions that increase liquidity and yield opportunities in the DeFi space. This funding round is expected to catalyze the growth of the Monad ecosystem by enabling users to stake their assets more effectively and participate in DeFi activities with greater flexibility. The funding round was led by Castle Island Ventures and included participation from Brevan Howard Digital and CMT.
Confidence Score
Participating Investors
Castle Island Ventures is a venture capital firm investing in public blockchain startups. The firm focuses on early-stage investments in the blockchai...
CMT Digital is a leading global venture capital firm focused on early-stage investments that accelerate the adoption of blockchain technology.
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