Tenderize is a London, UK-based developer of a staking derivatives protocol that adds utility to staked assets of web3 protocols. Its protocol represents a user's staked position as an ERC20 token, allowing users to unlock liquidity, collateralize loans, and trade tokens while remaining staked. The company currently supports The Graph, Polygon, Livepeer, and Audius, with support for additional protocols coming soon. Tenderize is building both front-end integrations (wallets, analytics platforms) and back-end integrations (tokens, custodial staking partners, exchanges) to improve the staking experience. Led by co-founder Nico Vergauwen, the company raised $3M in seed funding to continue product development and integrations.

Total raised

$3M

Funding rounds

1

Latest round

Seed

Latest activity

Aug 2022