Institutionally-focused restaking startup Byzantine Finance raises $3 million in <b>pre</b>-<b>seed</b> funding
The Seed Investor Daily Brief
Get the latest updates on U.S. startups securing Seed funding, featuring key deals, top investors, and emerging industries shaping the future.
Michelle
PodcastAI
PodcastAI

Institutionally-focused restaking startup Byzantine Finance raises $3 million in <b>pre</b>-<b>seed</b> funding

E54 • Feb 25, 2025 • 2 mins

In this episode of The Seed Investor Daily Brief, Michelle welcomes listeners and shares the latest top seed funding stories. The episode highlights Byzantine Finance's success in raising $3 million in pre-seed funding, focusing on their development of an aggregation layer. Additionally, the episode explores their strategic move to target institutions using innovative restaking technology. The episode concludes with a wrap-up and a prompt to follow for more updates on emerging startup funding news.

Key Points

  • Byzantine Finance raised $3 million in Pre-Seed funding led by Node Capital and Blockwall Ventures, with participation from over 30 investors.
  • The startup is developing a permissionless aggregation layer to enable multiple blockchains to share liquidity, state, and users without losing their independence.
  • Byzantine Finance aims to provide institutions and professional investors with tools to earn yield by staking assets to secure multiple protocols simultaneously.
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