Stader Labs, a cryptocurrency staking management platform, said it has raised $12.5 million in a funding round led by Three Arrows Capital, pushing its valuation to $450 million.

The startup, cofounded by Sidhartha Doddipalli (CTO) and Amitej Gajjala (CEO), has a team of 12 across four continents. “The company will provide aggregation and decentralization to staking assets and derivatives across both protocols and validators. Founded in April, Stader Labs is a cryptocurrency staking management platform that is building decentralized financial protocols and applications for efficient stake management on public blockchain networks.

Crypto Startup Stader Labs Gets Funding At $450-Million Valuation

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