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High Tech Series A Founded 2021

Stader

Stader is a non-custodial, smart contract-driven liquid staking platform that facilitates easy discovery and utilization of staking solutions across multiple Proof-of-Stake blockchain networks. The platform enables users to stake any amount of tokens and earn auto-compounded rewards while receiving liquid staking tokens that can be freely traded or used across over 40 DeFi protocols, eliminating traditional lock-up…

📍 Singapore, Singapore · Blockchain Infrastructure,

Funding snapshot

Last roundSeries A
Amount$23M
Date1 February 2022
Total raised$16M
Valuation450,000,000 (Jan 21, 2022)
Team size47

About

Stader is a non-custodial, smart contract-driven liquid staking platform that facilitates easy discovery and utilization of staking solutions across multiple Proof-of-Stake blockchain networks. The platform enables users to stake any amount of tokens and earn auto-compounded rewards while receiving liquid staking tokens that can be freely traded or used across over 40 DeFi protocols, eliminating traditional lock-up periods. Stader supports networks including Ethereum, Hedera, and Polygon, and offers an SD Utility Pool that allows users to contribute to Ethereum decentralization by delegating SD tokens for double-digit rewards. The platform serves retail cryptocurrency users, exchanges, and custodians as essential staking middleware infrastructure. Stader differentiates itself through best-in-class security with audits from Sigma Prime, Halborn, Peckshield, Code4rena, and OtterSec, multi-sig account protection, and continuous on-chain monitoring. Founded in 2021 and headquartered in Singapore, Stader has raised approximately 6.5 million in a Series A round with backing from Pantera Capital, Coinbase Ventures, Jump Capital, True Ventures, and Three Arrows Capital.

Business model

Blockchain Infrastructure > Mining > Software > Pool Mining > Staking,

Cryptocurrencies > Mining > Pool Mining > Staking

Founders & team highlights

Serial Founder

Team background

Company Wise > Paypal,

College Wise > Columbia University, IIT Kharagpur, IIT Madras, IIM Calcutta, Columbia Business School

Institutional investors

Pantera Capital ventures.coinbase.com Jump Capital True Ventures LedgerPrime Solana Foundation terraform-labs.com Proof Huobi Solidity Double Peak Hypersphere Ventures NEAR Three Arrows Capital Blockchain Coinvestors

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