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Canadian provider of institutional grade proof of stake infrastructure services raised $1.3 million in Seed funding from investors including Bonfire Ventures, FJ Labs, and XDL Capital Group.
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"Regardless of market conditions, staking provides returns denominated in the asset being staked," said Kyle Samani, managing partner at Multicoin Capital Management in Austin, Texas. "If you’re going to be long, you might as well stake."
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