Golden Finance reports that the liquid staking startup RockSolid has completed $2.8 million in Pre-Seed funding, led by Castle Island Ventures, with participation from Blockchain Builders Fund, GSR, Kindred Ventures, Rocket Pool, and the Stanford Blockchain Accelerator. RockSolid's Rocket Pool allows users holding 32 ETH to participate in Ethereum's proof-of-stake security mechanism. The protocol issues the liquid staking token rETH, enabling holders to earn staking rewards while maintaining liquidity.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
US CFTC Chairperson Announces Establishment of "Innovation Task Force" to Define Regulatory Guidelines for Crypto Assets, AI, and Prediction Markets
U.S. CFTC Chair Michael S. Selig announced the establishment of an "Innovation Task Force" that will work with the Innovation Advisory Committee to develop regulatory frameworks for crypto assets, AI automated systems, and prediction markets to promote fintech innovation and ensure U.S. market participants are not excluded. The task force will coordinate with the SEC's crypto task force to address overlapping regulatory issues.
動區BlockTempo9m ago
CESR Benchmark and Insurance-Backed Staking Products Promote the Institutionalization of ETH Staking
Some traditional financial institutions have taken a cautious stance toward staking due to existing risks. Jordan Knecht mentions that a new generation of insurance-backed staking products like CESR are changing this landscape by providing more stable returns, reducing risks, and attracting institutional investment.
GateNews12m ago
40 Million RLUSD Torched on Ethereum, Is Demand Falling? - U.Today
Ripple's RLUSD stablecoin has undergone significant token burns on Ethereum, with 40 million RLUSD permanently removed from circulation. These burns reflect normal operations associated with a fully backed stablecoin, maintaining supply integrity. Despite concerns about falling demand, recent burns indicate consistent institutional usage and liquidity management. RLUSD continues to show strong market presence, currently valued at approximately $1.48 billion.
UToday26m ago
Bitcoin and Solana ETFs See Inflows While Ethereum ETFs Record Outflows on March 24
Gate News bot message, according to the March 24 update, Bitcoin ETFs recorded a 1-day net inflow of 2,715 BTC (+$190.21M) and a 7-day net inflow of 1,091 BTC (+$76.44M). Ethereum ETFs showed a 1-day net outflow of 12,464 ETH (-$26.61M) and a 7-day net outflow of 97,844 ETH (-$208.9M). Solana ETFs r
GateNews30m ago
