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Leading staking companies supplier HashQuark has raised Series A fairness funding led by Qiming Venture Partners. Qiming is named the early investor of Xiaomi, TikTok creators ByteDance, Insta 360, and Meituan.
The funding spherical was joined by Fenbushi Capital, HashKey Capital, Hash Global, imToken Ventures, and SNZ. This transfer makes HashQuark one of many only a few staking service corporations to boost a fund from a conventional enterprise capital agency.
Ever because the finish of 2018, HashQuark has begun to develop blockchain infrastructure companies, creating worth whereas safeguarding the safety of proof-of-stake-backed blockchains by the use of node operation. Relying on its plentiful business assets and knowledgeable technical crew, HashQuark has turn out to be one of many world’s largest staking service suppliers.
At the identical time, HashQuark pioneered the idea of staking as an “ecological service provider,” geared toward offering high-quality PoS-backed blockchain tasks with business assets and ecological worth in addition to know-how.
It’s additionally value mentioning that HashQuark, one of many earliest contributors of the Web3 ecology, has entered the Polkadot community validator node listing and launched PolkaCube, a service centered on enabling a greater staking expertise for validators and nominators on Polkadot. The service presents blockchain information show, staking technique steering, and pockets and delegation administration.
Now HashQuark has partnered with a number of world-leading blockchain groups, together with imToken (a world-renowned decentralized blockchain pockets), Infinito Wallet (a well-liked blockchain pockets in Vietnam), and Block72 (a well known blockchain consulting firm in South Korea), LengthyHash (a mission accelerator), and SlowMist Technology (a prime safety crew).
Leo Li, CEO of HashQuark, acknowledged that since its official launch as knowledgeable staking service supplier, the HashQuark crew has united in ira enterprise deal with the blockchain infrastructure and in the intention to supply safe, environment friendly and handy companies in the world of digital finance. This funding spherical will allow HashQuark to extend the scale of the crew, permitting the corporate to develop its presence worldwide. This yr is crucial for the large-scale utility of blockchain know-how in digital finance.
Taking benefit of this pattern, HashQuark will launch modern merchandise to serve clients round Ethereum 2.0, Polkadot, PlatON, and different star tasks.