MilkyWay Raises $5M in Seed Round Led by Polychain, Binance Labs for Celestia

Apr 30, 2024, 11:34 AM

MilkyWay, the first liquid staking protocol tailored for Celestia's modular blockchain ecosystem, has successfully raised $5 million in a seed funding round. The round was led by Polychain and Binance Labs, with participation from other prominent investors and venture capitals. This investment marks the beginning of MilkyWay's growth phase aimed at revolutionizing the modular ecosystem, establishing an interwoven staking hub.