Stader Labs, a cryptocurrency staking management platform, Thursday announced that it has raised a fresh funding round of $12.5 million at a valuation of $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.

Stader Labs Raises $12.5M

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