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The liquid staking startup RockSolid has completed a $2.8 million Pre-Seed funding round.
Golden Finance reports that the liquid staking startup RockSolid has completed $2.8 million in Pre-Seed funding, led by Castle Island Ventures, with participation from Blockchain Builders Fund, GSR, Kindred Ventures, Rocket Pool, and the Stanford Blockchain Accelerator. RockSolid's Rocket Pool allows users holding 32 ETH to participate in Ethereum's proof-of-stake security mechanism. The protocol issues the liquid staking token rETH, enabling holders to earn staking rewards while maintaining liquidity.