Liquid staking protocol EtherFi, North Island VenturesAnd Chapter Onefrom an investment round led by raised about $5 million.
The crypto industry, which is gaining popularity day by day on a global scale, brings new initiatives and investments. The crypto industry, which has become widespread with different sectors, metaverse, NFT, Web3embracing innovative technologies such as DeFi.
EtherFi, which emerged in this context, aims to centralize the staking system, which is a DeFi protocol. Staking protocol managed to collect a fund of 5.3 million dollars with the participation of powerful names in its planning, which attaches importance to centralization.
EtherFi Receives Strong Investments in Staking
Liquid staking protocol EtherFi, 35 investorsfrom the investment tour he participated in It managed to raise $5.3 million.
North Island VenturesAnd Chapter Oneinvestment tour led by Node Capital, Arrington Capital, maelstrom, version What’s that venturesAnd purpose investmentPowerful names such as
EtherFifounder Mike Silagadze, aims to eliminate many problems on the DeFi side with its initiative. of Silagadzeplatform EtherFicomes up with their solution on the staking protocol.
EtherFi It was stated that it allows stakers to retain control of their keys by delegating the validator process to a node operator. This is aimed at resolving security vulnerabilities and many controversies. Sharing his views on the subject SilagadzeHe said most of the existing providers are under surveillance and centralized.
