Cosmos Liquidity Staking Protocol Stride Closes $6.7 Million Seed Round Led by Pantera Capital and Others

Cosmos liquidity staking protocol Stride closed a $6.7 million seed round led by North Island VC, Distributed Global, and Pantera Capital, with participation from 1Confirmation, Cerulean Ventures, Node V, and others. The protocol already offers liquid staking support for Cosmos Hub. Participants using Stride for liquid staking on Cosmos Hub will receive stATOM tokens in return, which can then be used on other apps within the ecosystem or sold immediately for liquidity.