TechFlow news: Kintsu is a liquid staking protocol built on Monad. Following the mainnet launch of Monad, Kintsu plans to introduce its sMONAD staking token, aiming to drive the development of the DeFi ecosystem on the Monad blockchain.
This funding round was led by Castle Island Ventures, with participation from Brevan Howard Digital, CMT Digital, Spartan Group, Breed VC, CMS Holdings, Animoca Ventures, and several prominent angel investors including Alex Matthews and Ross Trachtman from Brevan Howard Digital, Marin Tvrdic from Lido, and Robinson Burkey from Wormhole Foundation.
LBank Labs manages $100 million in assets and is dedicated to supporting and empowering Web3 startups by providing resources to help them stand out in a competitive market. Its portfolio includes innovative projects such as Entangle, Puffer Finance, Navi Protocol, Exabits, and Hivello, as well as significant investments in venture funds including Collab Currency, SevenX Ventures, IOSG Ventures, and Blockchain Builders Fund.
