On-chain staking and yield protocol HashPower completes $4 million strategic financing, with participation from HashKey Group and others

2025-06-05 22:32:51

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ChainCatcher news, the on-chain staking and yield protocol HashPower has announced the completion of a $4 million strategic financing round, with participation from HashKey Group, FBG Capital, Hailstone Labs, and DePIN X Capital. This financing will accelerate HashPower's expansion of decentralized mining capabilities, optimize staking yields, and build digital asset and AI infrastructure.

HashPower provides users with staking yields and infrastructure services through its globally distributed node network and user-friendly platform protocol. Previously, HashPower signed memorandums of understanding (MOU) worth $60 million with several projects, including Aethir, Multiple Network, XPIN Network, Planck Network, DI Foundation, Inferix, Bitcoin on Base, and Automata Network. The parties will engage in deep cooperation in areas such as ecological growth, joint research and development, and the deployment of decentralized mining, computing power, and AI infrastructure.

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