The enterprise-level liquidity pledge protocol Alluvial has completed a $12 million financing round, led by Ethereal Ventures and Variant

ChainCatcher news, according to Fortune Crypto, the enterprise-grade liquid staking protocol Alluvial announced the completion of a $12 million Series A funding round, led by Ethereal Ventures and Variant, with participation from Brevan Howard Digital, Coinbase Ventures, Kraken, Avon Ventures, IOSG Ventures, and IOBC Capital.

It is reported that this funding round will be used to build the institutional-focused Ethereum staking protocol Liquid Collective. (Source link)