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Symbiotic

Symbiotic, Chainlink, and Lombard launch industry-first layer for cross-chain Bitcoin transfers

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Key Takeaways Symbiotic, in partnership with Chainlink and Lombard, launched a cryptoeconomic guarantee layer for cross-chain Bitcoin transfers. The new system allows BARD holders to stake tokens for up to 15% APY, integrating decentralized collateral for enhanced security. Share this article Three blockchain infrastructure providers, Symbiotic, Chainlink, and Lombard, have teamed up to launch a … Read more

Coinbase, Pantera back $29m raise for crypto staking protocol Symbiotic

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Crypto staking protocol Symbiotic has announced a $29 million raise in its Series A funding round led by Pantera Capital. Symbiotic, whose permissionless restaking platform went live on Ethereum (ETH) in January, announced the milestone on April 23. The funding round also attracted the backing of Coinbase Ventures as well as angel investors, including Aave … Read more

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