TechFlow news — Rio Development, the development team behind the liquidity restaking network Rio Network, has announced the completion of its seed round. Over 50 investors participated in the funding, including Polychain Capital, Blockchain Capital, Breyer Capital, Coinbase Ventures, and Fenbushi Capital. The funding amount has not been disclosed.
Rio is a network for issuing Liquid Restaking Tokens (LRTs), and its first product is re-staked Ethereum (reETH).




