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21 June 2021

Stake Technologies secures $10M to build dapp ecosystem for Polkadot and Kusama

Stake Technologies secures $10M to build dapp ecosystem for Polkadot and Kusama


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Stake Technologies Inc., an infrastructure provider for decentralized applications and Web 3.0 protocols, has raised $10 million in strategic investments to help build out the Polkadot and Kusama ecosystems through its wholly-owned Plasm and Shiden networks.

The funds will be immediately deployed to help Stake Technologies complete a successful Parachain Lease Offering, or PLO, both on Kusama and Polkadot, the company announced Friday.

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cointelegraph.com
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