fbpx
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • Gadgets & Electronics
    • Health & Bio
    • FinTech
    • IoT
    • Transportation & Logistics
    • Marketplaces & E-commerce
    • Ecosystem
    • Robotics
    • Investments
    • EdTech
    • Featured
  • Deals
    • Private Equity
    • Venture Capital
    • IPO & Markets
  • Interviews
    • Startup Investing
    • Fundraising
    • Product Launching
  • MORE
    • Events
    • Startups Advice
  • Submit an Article
  • REGISTER
  • login
No Result
View All Result
No Result
View All Result
Home Tech Cryptocurrency

Crypto staking startup RockX scores $6m in funding

Team AsiaTechDaily by Team AsiaTechDaily
05 April 2022
in Cryptocurrency, Featured
0
RockX

Chen Zhuling, Chief Executive Officer, RockX

16
SHARES
Share on FacebookShare on Twitter
Bookmark(0)

Please login to bookmark

No account yet? Register

Crypto staking provider RockX announced that it has raised $6 million in a Series A funding round anchored by Amber Group, a global digital asset platform.

The funding round, which raised RockX’s valuation to $30 million, was also participated by other prominent crypto industry leaders including Matrixport, Primitive Ventures, FBG Capital, Draper Dragon, IMO Ventures, Alpha CW and Megastake.

The startup said it will use the funds to enhance its product and service offerings, as well as grow its team to better meet the increasing global demands for quality staking and data services.

The completion of this funding round comes at a period of unprecedented growth for the business. Since the beginning of the year alone, RockX has doubled its headcount and its assets under management to almost $1 billion, all while announcing significant collaborations with established protocols, such as Lido and ssv.network, to bring more innovative liquid staking products and robust validator infrastructure onto major and emerging proof-of-stake blockchains.

RockX’s team is equipped with a wealth of experience in mining, staking, protocol research, and infrastructure design. In recent years, the company has built access node APIs for popular Layer 1 and 2 protocols for developers, and helps companies to seamlessly access and interact with blockchains.

With over $900 million worth of tokens staked, RockX is one of Asia’s leading staking platforms. Focusing on serving institutional and high net-worth clients globally to compound their returns on cryptocurrencies, it is always open to collaborating with synergistic partners & innovative Web 3.0 projects, ultimately helping to build the decentralised financial ecosystem.

“The strong support we are seeing in our inaugural round of capital raising is a testament to the potential and strength of our business. The trust and confidence our investors have placed in us makes us uniquely positioned to become the leading global staking and data services provider. Our unwavering focus on product innovation has led to the development and implementation of several next-generation structured products for the liquid staking ecosystem,” said RockX chief executive officer Chen Zhuling.

What are your thoughts?
+1
0
Upvote
+1
0
Clap
+1
0
Clap
+1
0
On fire
+1
0
Meh
+1
0
Clap
+1
0
Previous Post

PDAX introduces new prime service for crypto investors in the Philippines

Next Post

Indonesian bookkeeping startup CrediBook scores $8.1m in Series A funding

Related Posts

PAG
Featured

PAG, First Solar agree to landmark renewable energy deal in Japan

May 18, 2022
Sea Limited
Featured

Sea Limited posts 64.4% year-on-year revenue growth in Q1 2022

May 17, 2022
Blinq
Featured

Australia’s Blinq raises A$5m to build simple, shareable identities

May 17, 2022
Qoala
Featured

Indonesian insurtech startup Qoala raises $65m in Series B round

May 13, 2022
Chainalysis
Blockchain

Blockchain data platform Chainalysis bags $170m in GIC-led funding

May 13, 2022
Good Startup
Featured

Singapore VC Good Startup closes alt protein fund at $34m

May 12, 2022
Next Post
CrediBook

Indonesian bookkeeping startup CrediBook scores $8.1m in Series A funding

Discussion about this post

No Result
View All Result

FREE NEWSLETTER

Copyright © 2021 AsiaTechDaily.com| About Us | Seed acceleratorTerms of Use| Privacy Policy| Cookie Policy Contact : [email protected] | DMCA.com Protection Status | trusted by Wimgo

No Result
View All Result
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • Gadgets & Electronics
    • Health & Bio
    • FinTech
    • IoT
    • Transportation & Logistics
    • Ecosystem
    • Marketplaces & E-commerce
    • Robotics
    • Investments
    • Featured
  • Deals
    • Private Equity
    • Venture Capital
    • IPO & Markets
  • Interviews
    • Startup Investing
    • Fundraising
    • Product Launching
  • MORE
    • Events
    • Startups Advice
  • Submit an Article
  • Forums
  • Jobs
  • REGISTER
  • Login

Copyright © 2021 AsiaTechDaily.com| About Us | Seed acceleratorTerms of Use| Privacy Policy| Cookie Policy Contact : [email protected] | DMCA.com Protection Status | trusted by Wimgo