Obol

Obol Labs Raises $12.5M Series A Funding to Make Proof-of-Stake Blockchains More Secure

Retrieved on: 
Tuesday, January 17, 2023

NEW YORK, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Today, Obol Labs announced the close of a $12.5 million Series A financing round.

Key Points: 
  • NEW YORK, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Today, Obol Labs announced the close of a $12.5 million Series A financing round.
  • This latest round brings Obol Labs' total financing to $19M, making it the best-capitalized software team focused on developing Distributed Validator Technology to decentralize and secure blockchain staking.
  • Obol Labs, as the leading builder of Distributed Validator Technology (DVT) , is directly solving the issue of single points of failure in staking infrastructure.
  • Obol Labs' Series A will accelerate the Obol Network's roadmap for bringing DVT to Mainnet Ethereum.

DGAP-News: Advanced Blockchain AG Has Invested in Obol Technologies

Retrieved on: 
Tuesday, October 19, 2021

Advanced Blockchain AG (Frankfurt, Primary Market Dsseldorf, XETRA: ISIN DE000A0M93V6)participated in the Obol Technologies seed financing round with a 6-figure investment.

Key Points: 
  • Advanced Blockchain AG (Frankfurt, Primary Market Dsseldorf, XETRA: ISIN DE000A0M93V6)participated in the Obol Technologies seed financing round with a 6-figure investment.
  • The company invested alongside significant investors including Ethereal Ventures, Acrylic, Coinbase, and several top angel investors within this space.
  • Obol Technologies ( https://obol.tech/ ) is an open-source and permissionless infrastructure protocol made for staking digital assets.
  • Its mission is to serve as the primary coordination layer for trustless and configurable staking on public blockchain networks.