According to reports, the Polkadot ecosystem project Bifrost has completed a $10 million Series A funding round. This round was led by NGC Ventures, with participation from Dragonfly Capital, Mirana Ventures, Arrington Capital, Signum Capital, SNZ, and others.



Bifrost is a cross-chain liquid staking protocol that provides users with a one-stop staking service. Users can obtain derivative vTokens by staking native assets, thereby earning Staking rewards, DeFi yields, and liquidity while retaining voting and governance rights.

Currently, Bifrost supports assets such as KSM, DOT, FIS, BNC, GLMR, and MOVR. It is reported that the funds from this round of financing will mainly be used for ecosystem development and product research and development.
DOT2.47%
BNC2.41%
KSM1.6%
FIS-0.15%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)