Rio Development announced the completion of its seed round financing, with participation from Polychain Capital and others
ChainCatcher news, the liquidity re-staking network Rio Network's development team Rio Development announced the completion of its seed round financing, with participation from Polychain Capital, Blockchain Capital, Breyer Capital, Coinbase Ventures, Fenbushi Capital, among others. The amount of financing has not been disclosed. It is reported that Rio is a network for issuing Liquid Restaking Tokens (LRT), and its first product is re-staked Ethereum (reETH).