Participated · Equity · Nov 2021

Trusted Node builds and operates a decentralized validator network for proof-of-stake and next-generation blockchains, aiming to return staking rewards and yield-generation opportunities to users. The platform focuses on liquid staking, aggregation of staking assets and derivatives, and professional stewardship of validator nodes. Trusted Node launched a webapp and Staking Portal and reached US$30 million in total value locked (TVL) two weeks after launch. The team plans to expand its network of validator nodes to broaden user choice and to release liquid staking vaults soon. The company will use proceeds from its recent financing to develop and enhance platform features and grow its validator footprint. CEO and founder Stefan Rust framed the quick raise as a sign of trust and community support.