Pantera Capital led a $29m Series A funding round in Symbiotic.

Pantera Capital, a Web3‑focused VC firm, completed a a $29m Series A investment in Symbiotic, a blockchain infrastructure company building a modular universal staking/proof‑of‑stake coordination layer, with participation from Coinbase Ventures, Aave, Polygon, and StarkWare. “We’ve created a modular framework that lets protocols evolve security models over time while efficiently coordinating risk. This empowers protocols at every stage of their lifecycle to evolve their security models seamlessly without rebuilding infrastructure,” Misha Putiatin, Symbiotic Founder.