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Stride provides liquid staking for tokens across Cosmos chains, allowing users to access liquidity from staked assets.
Founded in 2022 and based in New York, US, Stride Labs offers a liquid staking platform for the Cosmos ecosystem. Users stake tokens from Cosmos chains and receive stTokens, which can be redeemed for the original tokens or used to earn additional yield. In August 2022, the company raised USD 6.7 million in seed funding co-led by Distributed Global Ventures, North Island Ventures, and Pantera Capital, with participation from 1confirmation, Cerulean Ventures, and Cosmostation.
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