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Infrared Finance raises $14m in Series A funding

New York based crypto staking protocol raised $14m in Series A funding led by Framework Ventures.

"As one of the lead investors in Berachain, we believe Infrared will play a major role in simplifying and increasing access to Proof of Liquidity for users in the Berachain community," Michael Anderson, co-founder of Framework Ventures, said in a statement. "We believe Infrared's protocol will unlock significant amounts of productive capital within the wider Berachain ecosystem while maximizing efficiency and yield. This frees builders on Berachain's framework to innovate in new ways."

Tags

crypto, protocol, liquidity, defi