January 3, 2025
Haedal Protocol has announced the conclusion of its seed funding round, securing investments from a consortium of prominent backers. Participants in this funding round include Hashed, Comma3 Ventures, OKX Ventures, Animoca Ventures, Sui Foundation, Flow Traders, Dewhales Capital, Cetus, Scallop, and others. The platform aims to strengthen its position as a key player in the Sui blockchain ecosystem.
The funds will be allocated to boost Haedal’s liquid staking infrastructure, expand its earning products, and enhance its overall competitiveness. The protocol’s efforts are geared toward delivering scalable and accessible financial solutions to support the growth of the Sui ecosystem, which continues to attract attention in the decentralized finance (DeFi) space.
At the core of Haedal Protocol’s offerings is haSUI, a liquid staking token that allows users to earn rewards while maintaining liquidity. This token represents staked SUI assets and enables integration with DeFi applications. The platform has made significant strides, with over $200 million in Total Value Locked (TVL) and more than $150 million in liquidity distributed across decentralized exchanges and protocols, solidifying its influence within the Sui blockchain ecosystem.
About Haedal Protocol
Haedal Protocol offers liquid staking solutions on the Sui blockchain, enabling users to stake SUI tokens and earn rewards while maintaining liquidity through its haSUI token. The platform supports DeFi integration and the growth of the Sui ecosystem.
Website: https://www.haedal.xyz/
X: @HaedalProtocol
About Investors
Hashed
Hashed is a venture capital firm specializing in early-stage investments in blockchain and cryptocurrency projects globally.
Location: South Korea
Website: https://www.hashed.com/
Comma3 Ventures
Comma3 Ventures focuses on advancing technologies in blockchain and Web3, backing projects that drive forward the decentralized future.
Location: Taiwan
Website: https://comma3.co/
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