CoinVoice has recently learned that the liquidity staking agreement Drop Protocol has completed a $4 million seed round of financing, led by CoinFund, with participation from institutions such as CMS Holdings, Anagram, Interop Ventures, Cosmostation, as well as angel investors such as Lido DAO co-founder Vasiliy Shapovalov, Celestia Labs co-founder Mustafa Al-Bassam, and Abacus Labs CEO and Hyperlane core contributor Jon Kol.
According to RootData, Drop is a cross-chain liquid staking protocol whose mission is to enhance the economic viability of interchain economies by transforming stagnant, frozen resources into liquid opportunity streams. [Original link]