Institutionally-focused restaking startup Byzantine Finance raises $3 million in <b>pre</b>-<b>seed</b> funding
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.
Speakers
Michelle
Host • 100%
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Transcript
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