UTC-05:00,Sunday , May 24th 2020

Staking-as-a-Service Startup Raises $2 Million From DHVC, Plug And Play

10:28 Wednesday , May 15th 2019
InfStones, a Silicon Valley staking startup, has raised a $2 million seed round to expand its block-producing capacity in proof-of-stake (PoS) networks.
The company said in an announcement on March 15 that leading investors in the round include venture capital firms such as Danhua VC (DHVC) and Plug and Play Ventures, which is known for investing in the early stages of PayPal and Dropbox.
InfStones, which was founded in 2018 and operates as a full node and block producer for PoS blockchains, said it will use the new equity financing to expand its existing five-person team and bring its service to additional PoS chains.
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