Drop Protocol
Latest round
- Seed
Last raised
- Oct 2024
Total raised
- $4M
Investors
- 5
About Drop Protocol
Based in New York, US, and founded in 2023 by co-founder Mitya Argunov, Drop Protocol operates as a cross-chain protocol that offers liquid staking for interchain assets, which increases flexibility and efficiency in decentralized finance. The company provides a blockchain platform that offers liquid staking solutions and rewards distribution to crypto users. The platform services include staking of dAssets, earning Droplets, and deploying assets in decentralized finance (DeFi) to increase earnings. Moreover, the firm offers solutions such as staking ATOM for dATOM, liquidity provision in DeFi, and referral programs for increased Droplet earnings. Additionally, Drop Protocol also provides services such as liquidity management, collateral usage for loans, and multi-chain staking opportunities across supported platforms like Neutron, Osmosis, and Secret.
Who invested in Drop Protocol
5 investors across 1 round
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Funding rounds
Seed
Oct 17, 2024
Amount
$4M
Investors
Questions about Drop Protocol
Who invested in Drop Protocol?
Drop Protocol has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Drop Protocol raised?
Drop Protocol has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Drop Protocol last raise money?
Drop Protocol's most recent round on record is a Seed, in Oct 2024.
What does Drop Protocol do?
Based in New York, US, and founded in 2023 by co-founder Mitya Argunov, Drop Protocol operates as a cross-chain protocol that offers liquid staking for interchain assets, which increases flexibility and efficiency in decentralized finance.
Where is Drop Protocol headquartered?
Drop Protocol is headquartered in New York, US.
Which VCs invest in companies like Drop Protocol?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Drop Protocol's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
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