Geode Finance Raises $3M in Seed Funding


Geode Finance, a London, UK-based white label liquid staking solution for DAOs, raised $3M in seed funding.

The round was led by Multicoin Capital, with participation from GSR, C² Ventures, Yield Yak, and Eden Network.

Geode Finance is a white label liquid staking solution, tailor-made for DAOs. With its customizable liquid staking products, DAOs and their members are empowered with yields, new revenue generation opportunities, and capital efficiency across the DeFi landscape on Proof-of-Stake blockchains.

Geode will initially deploy on Avalanche Network, before expanding to Ethereum 2.0 and other proof-of-stake (PoS) blockchains to facilitate the growth of the multichain economy.