Unstable Protocol Raises $2.5 Million in Funding Round

According to PANews, DeFi protocol Unstable Protocol has announced the completion of a $2.5 million funding round. Participants in the investment included Lattice, Laser Digital (a subsidiary of Nomura Group), Blockchain Founders Fund, Assouline Ventures, Agnostic Fund, Artichoke Capital, Black Edge Capital, NewTribe Capital, NxGen, and several angel investors. Unstable Protocol allows users to re-stake their ETH, enabling them to maximize returns by utilizing liquidity staking and re-staking tokens. This funding round will help the company further develop its platform and expand its offerings in the DeFi space.