{"id":53423,"date":"2021-11-23T18:45:26","date_gmt":"2021-11-23T16:45:26","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=53423"},"modified":"2025-09-03T15:04:43","modified_gmt":"2025-09-03T12:04:43","slug":"galaxy-digital-and-dcg-back-staking-data-provider-staking-rewards","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/galaxy-digital-and-dcg-back-staking-data-provider-staking-rewards\/","title":{"rendered":"Galaxy Digital and DCG Back Staking Data Provider Staking Rewards"},"content":{"rendered":"<p>Staking Rewards, a provider of data on staking and other forms of income from digital assets, closed a $3.2 million funding round with sixfold oversubscription. It was led by Galaxy Digital, Digital Currency Group and CoinShares.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">We are extremely excited to announce that we have successfully raised 3M CHF from the world\u2019s 3 leading digital asset investment firms; <a href=\"https:\/\/twitter.com\/GalaxyDigitalHQ?ref_src=twsrc%5Etfw\">@GalaxyDigitalHQ<\/a>, <a href=\"https:\/\/twitter.com\/CoinSharesCo?ref_src=twsrc%5Etfw\">@CoinSharesCo<\/a>, and <a href=\"https:\/\/twitter.com\/DCGco?ref_src=twsrc%5Etfw\">@DCGco<\/a> \ud83d\ude80\ud83d\udc40<\/p>\n<p>Full announcement\ud83d\udc47<a href=\"https:\/\/t.co\/Ke8BI8mck7\">https:\/\/t.co\/Ke8BI8mck7<\/a><\/p>\n<p>\u2014 Staking Rewards (@StakingRewards) <a href=\"https:\/\/twitter.com\/StakingRewards\/status\/1463144089596141574?ref_src=twsrc%5Etfw\">November 23, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>1kx Capital, Sygnum Bank and a number of angel investors also participated in the round.<\/p>\n<p>The lead investors are integrating Staking Rewards&#8217; services into their own solutions. The company&#8217;s <span data-descr=\"application programming interface\" class=\"old_tooltip\">API<\/span>, used by Coinbase and Bitcoin Suisse, is a key part of this partnership.<\/p>\n<p>The funding will be used to launch new products, including asset indices with staking capabilities.<\/p>\n<p>Founded in 2018, Staking Rewards serves private and institutional investors. The platform offers real-time market data on staking, portfolio construction and a calculator, and conducts research. <\/p>\n<p>According to Staking Rewards, more than 400,000 investors use the service monthly, and page views exceed 4.7 million.<\/p>\n<p>Representatives of the startup estimated the staking market at $9 billion, with annual growth of 1,550%.<\/p>\n<p>Analysts at JPMorgan <a href=\"https:\/\/u1f987.com\/en\/news\/jpmorgan-ethereum-2-0-launch-will-turn-staking-into-a-40-billion-industry\">forecasted<\/a> a rise in staking capacity to $40 billion after the launch of <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-ethereum-2-0\">Ethereum 2.0<\/a>.<\/p>\n<p>Subscribe to ForkLog News on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog Feed<\/a> \u2014 all the news feed, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog<\/a> \u2014 the most important news, infographics and opinions<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Staking Rewards, a provider of data on staking and other forms of income from digital assets, closed a $3.2 million funding round with sixfold oversubscription. It was led by Galaxy Digital, Digital Currency Group and CoinShares.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1289,1145,1133],"class_list":["post-53423","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-staking","tag-market-analysis","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"43","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/53423","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=53423"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/53423\/revisions"}],"predecessor-version":[{"id":53424,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/53423\/revisions\/53424"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=53423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=53423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=53423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}