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Lido Finance raises $70m in new funding

Decentralized staking platform raised $70m in new funding led by a16z. 

"Lido is the market leader for Ethereum liquid staking, representing over 80% of market share in that space, recent estimates show. Assets staked on Lido are worth over $10 billion USD at today’s prices, and are split across 76,000 individual crypto wallets."

Tags

crypto, staking, eth