Solana staking protocol Fragmetric completes $7 million seed round

2025.02.07 23:40:18

On February 7th, the Solana re-staking protocol, Fragmetric, announced the completion of a $7 million seed round of financing. This round was led by Finality Capital Partners and Hashed. Institutions such as Hypersphere, Presto Labs, Bitscale Capital, Halo Capital, and Flowdesk participated. Additionally, it received support from several angel investors within the Solana and restaking ecosystems. Fragmetric intends to achieve precise distribution of NCN (Node Consensus Network) rewards in the Solana ecosystem. It aims to provide a more efficient capital utilization solution for Solana LST (Liquid Staking Token) while enhancing network security and decentralization.

Add to Favorites Download image Share x Copy link

Relevant content

This week, the US Solana Spot ETF saw a cumulative net inflow of $12.6 million

On February 14, per Farside monitoring data, the U.S. Solana spot ETF posted a cumulative net inflow of $12.6 million this week.

3 minutes ago

「Pal」 Longs ETH, Currently Sitting on $150k Unrealized Gain

February 14th: HyperInsight monitoring shows crypto whale “Big Brother Whale” (Licheng Huang) expanded his ETH long position 10 minutes ago. He currently holds a 2,700 ETH long position with 25x leverage, netting a floating profit of $150,000.

3 minutes ago

Zhu Su: Cryptocurrency Could Outperform Big Tech in the Next Few Years

On February 14, Three Arrows Capital co-founder Zhu Su said in a post that cryptocurrencies could significantly outperform the Magnificent Seven (Mag7) stocks over the next few years.

3 minutes ago

If Bitcoin breaks $72,000, mainstream CEX aggregate short liquidation intensity will reach 474 million

As of February 14th, per Coinglass data: - If Bitcoin breaks above $72,000, total short liquidation intensity across major centralized exchanges (CEX) will hit $474 million. - Conversely, a drop below $68,000 would trigger $859 million in total long liquidation intensity across major CEX. **BlockBeats Note**: Liquidation charts do not display the exact number or value of contracts being liquidated. Instead, the bars reflect the *relative importance* of each liquidation cluster compared to adjacent clusters—this is what’s defined as "intensity." In short, the chart shows how significantly the underlying asset’s price will be impacted at specific levels: a taller liquidation bar means a price hit to that level will spark a more intense reaction driven by a liquidity cascade.

3 minutes ago

Bitcoin Surges Above $70,000

Bitcoin rebounded above $70,000 on February 14, per HTX market data. It’s currently trading at $70,040, up 4.72% over the past 24 hours.

3 minutes ago

This week, the US Ethereum spot ETF saw a total net outflow of $161.2 million.

On February 14, per Farside monitoring data, U.S. Ethereum spot ETFs recorded a total net outflow of $161.2 million this week.