Full-chain liquidity infrastructure StakeStone receives $10 million investment from BingX Labs

PANews February 13th news, according to Chainwire, BingX Labs, the innovation unit of crypto exchange BingX, has invested $10 million in the full-chain liquidity infrastructure StakeStone to accelerate the development of full-chain liquidity staking and StakingFi applications. As part of this cooperation, the $10 million fund will support the development of the Stakestone ecosystem. The two parties will explore innovative growth directions, including cross-chain asset agreements and StakingFi product integration, while expanding the practical application of full-chain staking technology.

Previously, in November last year, StakeStone completed a $22 million financing, led by Polychain Capital .