Drop Protocol Completes $4 Million Seed Round, Led by CoinFund

Odaily News F liquidity staking protocol Drop Protocol announced the completion of a $4 million seed round of financing, led by CoinFund, with participation from CMS Holdings, Anagram, Interop Ventures, Cosmostation, as well as angel investors such as Lido DAO co-founder Vasiliy Shapovalov, Celestia Labs co-founder Mustafa Al-Bassam, and Abacus Labs CEO and Hyperlane core contributor Jon Kol. The new funds are intended to promote new economic possibilities in the Interchain.