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Bitstaker Raises $6 Million in Series A Round, Reaches $165 Million in Total Value Locked, and Advances DeFi Staking

Wednesday, 11 September 2024 07:50 AM

MELBOURNE, AUSTRALIA / ACCESSWIRE / September 11, 2024 / Bitstaker, a rapidly growing decentralized finance (DeFi) staking platform, has secured $6 million in a successful Series A funding round. This latest investment highlights confidence from key investors in Bitstaker's future and its ability to transform the DeFi staking space. Just three weeks after its launch, Bitstaker's total value locked (TVL) has surpassed an impressive $165 million, signaling strong user adoption and market traction.

The platform's growth is driven by its multi-chain staking functionality, supporting over 10 major blockchain networks such as Ethereum (ETH), Aptos (APT), and Optimism (OP). This multi-chain approach allows users to spread their stakes across various protocols, offering greater flexibility to maximize returns while minimizing exposure to risk. This feature makes Bitstaker appealing to both new and seasoned investors alike, helping them better manage and diversify their digital assets.

Bitstaker prioritizes both security and ease of use. It has undergone a thorough audit by InterFi, ensuring robust protection for user assets. Additionally, the platform uses advanced IPFS technology to enhance data storage and efficiency, further boosting performance and reliability.

In addition to these features, Bitstaker is integrated with real-time data services provided by Chainlink and CoinGecko, giving users access to accurate market data, including asset prices and market trends. For easy swapping of assets, Bitstaker has also integrated Uniswap, ensuring a smooth and seamless experience for all users.

Bitstaker's flexibility extends to its staking options, offering both fixed-term and dynamic staking plans. Investors seeking stability can opt for fixed-term staking, while those wanting flexibility can use dynamic options that adapt to market conditions. This versatility makes Bitstaker a suitable choice for investors of all levels, whether they're looking for stable returns or more dynamic opportunities.

As the platform looks toward the future, Bitstaker remains focused on innovation and expanding its services. The team plans to enhance its network compatibility, optimize technology, and increase its presence in global markets. Bitstaker's goal is to become a leader in decentralized finance, offering a secure, efficient, and user-friendly staking experience for all.

With its focus on constant improvement and user-centered development, Bitstaker is poised to lead the way in the DeFi staking sector. As decentralized finance continues to evolve, Bitstaker will be at the forefront, providing more opportunities for investors and shaping the future of the financial landscape.

Website link: https://www.bitstaker.io/
Company name: Bitstaker
Contact person: Arthur Kennedy
Country: MELBOURNE, AUSTRALIA
Email: [email protected]

SOURCE: Bitstaker Finance

Topic:
Company Update
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