3 years ago

Geode Finance Secures $3 Million in Seed Funding

  • Geode Finance, a London, UK-based white label liquid staking solution for DAOs, raised $3M in seed funding led by Multicoin Capital

  • Geode Finance provides customizable liquid staking products that empower DAOs and their members with yields, new revenue generation opportunities, and capital efficiency across the DeFi landscape on Proof-of-Stake blockchains

  • Geode Finance plans to deploy on Avalanche Network initially, before expanding to Ethereum 2.0 and other proof-of-stake (PoS) blockchains to facilitate the growth of the multichain economy.

      • ProblemFinancial Services

      "making it difficult for DAOs to create and manage liquid staking products, leading to limited revenue generation opportunities and inefficient capital use."

      Solution

      "Geode Finance provides a customizable liquid staking solution for DAOs, enabling them to generate yields, create new revenue streams, and optimize capital efficiency across DeFi landscapes on Proof-of-Stake blockchains."

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