Node Capital Launches Liquid Fund as Node Monster Surpasses $1B in Staked Assets
- It is anticipated that the fund will supplement the investments that Node Capital has already made across the web3 landscape.
- Node Monster has surpassed the $1 billion benchmark in terms of locked assets for staking and restaking protocols.
A new liquid fund that will concentrate on liquid tokens and onchain strategies has been launched, according to the announcement made by Node Capital, a leading web3 venture capital firm that is a part of Node Group.
At the same time that the launch of the liquid fund is taking place, the validator arm of the group, known as Node Monster, has surpassed the $1 billion benchmark in terms of locked assets for staking and restaking protocols. Node Monster is one of the largest Ethereum validators thanks to its $1 billion market capitalization, which spans over 20 different blockchain networks.
It is anticipated that the fund will supplement the investments that Node Capital has already made across the web3 landscape. At the moment, its partners are responsible for managing assets worth approximately $50 million across a variety of blockchain sectors. Ether.fi, Fhenix, Squid, and IKA are some of the tokens and yield-generating strategies that have been included in its investments up to this point.
Node Capital Founding Partner Amos Meiri said:
The new fund allows us to broaden our remit and look for opportunities that extend beyond staking to include the full spectrum of web3 verticals. With the ability to draw upon the expertise and experience of our sister companies, Node Capital can provide significant value-add to the projects it incubates. This will enable them to realize their full potential while advancing web3 innovation for the benefit of all stakeholders.
The web3 services offered by Node Group are expanded by Node Security, in addition to the fact that Node Group operates as a major staking provider through Node Monster. Securing decentralized applications, smart contracts, and web3 infrastructure is the primary focus of the blockchain security company. In addition to this, it offers top-tier security audits, vulnerability assessments, and incident response services in order to guarantee the reliability and integrity of web3 projects.
Last but not least, Node Link provides assistance to Node Group partners, which includes companies that are portfolios of Node Capital, in order to propel growth within blockchain ecosystems. Focusing on enabling communities and founders to drive long-term success through targeted strategies is the primary objective of this organization. The services provided by Node Link include initiatives for organic and strategic community growth, the empowerment of founders through strategic social guidance, and the sourcing of ambassadors to enhance engagement.
Long-term investments in web3 crypto infrastructure and decentralized protocols are the primary focus of Node Capital, a cryptocurrency firm that is devoted to pursuing a thesis-driven investment fund. The organization not only offers financial assistance, but also makes significant contributions as core members to developing protocols and networks. Token economics and fixing technological obstacles are both included in its hands-on approach to solving problems. When it comes to aiding teams in the early stages of network bootstrapping, Node Capital plays a crucial role thanks to its partnership with the node operatiion company: Node Monster.
Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
