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by: xpoolPosted on: April 23, 2025

Symbiotic Secures $29 Million Funding for Decentralized Staking Innovation

Decentralized finance (DeFi) protocol Symbiotic has secured a significant $29 million funding round led by Paradigm and cyber.Fund, demonstrating strong industry interest in the project’s universal staking coordination layer. The investment will fuel the development of a new platform that aims to revolutionize how users manage their assets for staking across various blockchains. !

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