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EtherFi raised $27M in a Series A funding round led by Bullish and CoinFund to expand its liquid staking platform.

Mar 02, 2024•over 1 year ago

Amount Raised

$27 Million

Round Type

series a

George TownSoftware

Investors

Coin FundBullish

Description

EtherFi, a liquid staking platform, secured a $27 million investment in a Series A funding round led by Bullish and CoinFund. The funding will be used to expand their services and infrastructure.

Company Information

Company

ether.fi

Location

George Town, Penang, Malaysia

About

ether.fi is a liquid staking protocol that allows stakers to retain control of their keys while delegating validator operations to a node operator. Formed under a shared vision of what DeFi should be, ether.fi offers stakers a decentralized, non-custodial staking solution that can serve as a building block for web3 infrastructure.

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