# Kintsu

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kintsu

- Industry: Financial Services
- Headquarters: New York city, US
- Website: www.kintsu.xyz/
- Total disclosed funding: $4M
- Latest round: Seed (Jul 25, 2024)
- Investors on record: 9

## About

Based in New York, US, Water Cooler Studios, Inc. dba Kintsu, is a financial technology company that offers a decentralized finance (DeFi) platform designed to cater to the evolving needs of the digital asset ecosystem. In July 2024, Kintsu raised USD 4 million in seed funding led by investor Castle Island Management, with participation from other investors LBank Labs, Reciprocal Ventures, Animoca Ventures, CMS Holdings, etc.

Kintsu is a decentralized finance (DeFi) platform, build on the Monad Network, that offers a liquid staking solution, enabling users to stake gas tokens while retaining liquidity for DeFi activities. The platform provides staking rewards through decentralized vaults and supports composable staking, DAO governance, and lending, allowing liquid staking tokens to be used as collateral. Additionally, Kintsu integrates with gaming, offering in-game collateral, rewards, and utility in NFT marketplaces.

The company plans to utilize the July 2024 funding to develop a solution for developers to integrate staking into their protocols.

## Funding rounds

- Seed, Jul 25, 2024, $4M — Brevan Howard, Reciprocal Ventures, Castle Island Ventures, CMT Digital, CMS Holdings, LLC, Spartan Group, Breed VC, Animoca Ventures, Arche Capital

## Investors

- Brevan Howard — Seed
- Reciprocal Ventures (https://capitalatlas.ai/funds/reciprocal-ventures) — Seed
- Castle Island Ventures (https://capitalatlas.ai/funds/castle-island-ventures) — Seed
- CMT Digital (https://capitalatlas.ai/funds/cmt-digital) — Seed
- CMS Holdings, LLC (https://capitalatlas.ai/funds/cms-holdings-llc) — Seed
- Spartan Group (https://capitalatlas.ai/funds/spartan-group) — Seed
- Breed VC (https://capitalatlas.ai/funds/breed-vc) — Seed
- Animoca Ventures (https://capitalatlas.ai/funds/animoca-ventures) — Seed
- Arche Capital (https://capitalatlas.ai/funds/arche-capital) — Seed