Liquidity staking protocol Kintsu completes $4 million seed round led by Castle Island Ventures

Odaily News Kintsu, a liquidity pledge protocol based on Monad blockchain, has completed a $4 million seed round of financing, led by Castle Island Ventures, with participation from Brevan Howard Digital, CMT Digital, Spartan Group, Breed VC, CMS Holdings, Animoca Ventures, etc. It is reported that the financing structure of this round is a simple agreement for future equity (SAFE) plus token warrants, but Kintsu founder Stephen Novenstern declined to comment on the valuation. (TheBlock)