Multicoin Capital led $17.4M round for Eden Network while Kraken Ventures joined in $8M Series A funding for Rocket Dollar.
The news comes as regulators around the world have moved to bring further oversight to the cryptocurrency industry.
Staking on track to become a $40 billion business by 2025, as JPMorgan report recently estimated
Unregistered securities offerings and fraud account for bulk of charges
Now is the time for crypto companies to focus on the infrastructure and services that will be essential in supporting the next bull run, said Brian Hoffman, Kraken’s crypto platform lead.