PStake
PStake is a technology company.
Financial History
PStake has raised $10.0M across 1 funding round.
Frequently Asked Questions
How much funding has PStake raised?
PStake has raised $10.0M in total across 1 funding round.
PStake is a technology company.
PStake has raised $10.0M across 1 funding round.
PStake has raised $10.0M in total across 1 funding round.
PStake has raised $10.0M in total across 1 funding round.
PStake's investors include 01 Ventures, CrunchFund, Crypto.com Capital, Ali Tamaseb, Dragonfly Capital Partners, Electric Capital, ParaFi Capital, Polychain Capital, Polygon, The Hit Forge, Woodstock Fund, Balaji Srinivasan.
pSTAKE is a technology company that originated as pSTAKE Finance, a leading multi-chain liquid staking platform enabling users to stake crypto assets like BTC, ATOM, and ETH while maintaining liquidity through representative tokens (e.g., stkBTC, stkATOM).[1][2][4] It serves DeFi users, institutions, and BTC holders seeking capital efficiency, solving the problem of locked liquidity in traditional staking by allowing staked assets to be used across DeFi protocols, cross-chain bridges, and yield strategies.[2][4] Recently rebranded as a research collective, pSTAKE now explores the convergence of AI, Web3, and decentralized networks, launching a $50M AI-Web3 Innovation Fund for grants, pilots, and partnerships in areas like onchain reasoning, modular routing, verifiable AI flows, and predictive optimization.[1][3]
This pivot builds on its DeFi roots, with growth momentum from collaborations like Babylon for trustless BTC staking, partnerships with custodians (e.g., Cobo) and security firms (e.g., Halborn, Immunefi), and backing from over 20 industry partners across 7 continents.[1][2][4]
Founded in 2021 as pSTAKE Finance by a team with expertise in liquidity staking, the company raised $10M in a seed round from prominent investors including Galaxy Digital, Peak XV Partners (formerly Sequoia India), Coinbase Ventures, Spartan Group, and Three Arrows Capital, followed by another $10M public round.[4][5] Early traction came from launching multi-chain liquid staking for PoS assets like ATOM and ETH, unlocking liquidity via stkASSET tokens usable in DeFi.[2][4]
Pivotal moments include integrating Bitcoin staking via Babylon protocol, enabling BTC yields with institutional-grade security, and a 2025 rebrand to an AI-Web3 research lab amid market shifts toward intelligent decentralized systems.[2][3][4] This evolution reflects founders' vision to expand from staking infrastructure to pioneering the "intelligence layer" connecting AI, Web3, and traditional economies.[1][3]
pSTAKE rides the BTCfi and AI-Web3 convergence trends, transforming "digital gold" into productive DeFi capital amid rising demand for liquid staking post-Bitcoin halvings and PoS dominance.[2][4] Timing aligns with modular blockchains and AI agents optimizing liquidity/governance, fueled by market forces like institutional BTC adoption and verifiable AI needs in finance/supply chains.[1][3]
It influences the ecosystem by funding pilots/acquisitions ($50M fund), bridging TradFi-Web3 via research on incentive models, and enabling multi-asset portfolios—pushing crypto toward efficient, intelligent economies.[1][2]
pSTAKE's rebrand positions it to lead AI-driven DeFi infrastructure, with BTC liquid staking as a gateway to broader verifiable AI economies; expect fund deployments to accelerate pilots in music, healthcare, and auditing.[1][3] Trends like AI agents for onchain optimization and cross-chain liquidity will shape its path, potentially driving 10x token growth via Binance listing and full circulation dynamics.[4]
As a pioneer blending staking liquidity with intelligent networks, pSTAKE exemplifies how DeFi evolves into AI-powered coordination, unlocking yields in tomorrow's decentralized world.[1][2]
PStake has raised $10.0M across 1 funding round. Most recently, it raised $10.0M Seed in November 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Nov 1, 2021 | $10.0M Seed | 01 Ventures, CrunchFund, Crypto.com Capital, Ali Tamaseb, Dragonfly Capital Partners, Electric Capital, ParaFi Capital, Polychain Capital, Polygon, The Hit Forge, Woodstock Fund, Balaji Srinivasan, Gokul Rajaram, John Lilic |