{"id":29973,"date":"2024-04-30T17:56:30","date_gmt":"2024-04-30T17:56:30","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/milkyway-secures-5m-in-seed-funding-led-by-binance-lab\/"},"modified":"2024-04-30T17:56:30","modified_gmt":"2024-04-30T17:56:30","slug":"milkyway-secures-5m-in-seed-funding-led-by-binance-lab","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/milkyway-secures-5m-in-seed-funding-led-by-binance-lab\/","title":{"rendered":"MilkyWay secures $5M in seed funding led by Binance Lab"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Alt Coin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/04\/MilkyWay-secures-5M-in-seed-funding-led-by-Binance-Lab-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/04\/MilkyWay-secures-5M-in-seed-funding-led-by-Binance-Lab-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/04\/MilkyWay-secures-5M-in-seed-funding-led-by-Binance-Lab-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/04\/MilkyWay-secures-5M-in-seed-funding-led-by-Binance-Lab-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>MilkyWay secures $5M funding led by Binance Labs and Polychain Capital.<\/li>\n<li>MilkyWay boasts 156,000+ milkTIA holders and integrates with 10+ DeFi protocols.<\/li>\n<li>Binance co-founder emphasizes support for MilkyWay\u2019s growth in the Celestia ecosystem.<\/li>\n<\/ul>\n<p>MilkyWay, a liquid staking protocol operating within Celestia\u2019s ecosystem, has achieved a significant milestone after successfully raising $5 million in its just concluded seed funding round.<\/p>\n<p>The seed funding round was backed by notable investors like Binance Labs and Polychain Capital marking a pivotal moment in MilkyWay\u2019s journey towards enhancing liquidity and utility for Celestia (TIA) token holders.<\/p>\n<h2>MilkyWay\u2019s rise to prominence<\/h2>\n<p>MilkyWay, spearheaded by a team of seasoned engineers from various renowned projects, has swiftly emerged as a frontrunner in the liquid staking arena.<\/p>\n<p>MilkyWay\u2019s primary objective is to augment liquidity, composability, and utility for TIA\u00a0token holders, ultimately driving capital efficiency. Through seamless integration with over ten DeFi protocols, the platform offers users a comprehensive suite of financial services, including trading, leveraging, lending, and borrowing.<\/p>\n<p>Boasting over 156,000 milkTIA holders and facilitating the staking of over 2.6 million TIA tokens, the platform has garnered trust and recognition within the blockchain community.<\/p>\n<h2>Investor confidence and strategic backing<\/h2>\n<p>The $5 million seed round, led by Polychain Capital and with participation from Binance Labs and other prominent investors, underscores the robust confidence in MilkyWay\u2019s vision.<\/p>\n<p>Yi He, the Co-Founder of <a href=\"https:\/\/coinjournal.net\/exchanges\/binance\/\">Binance<\/a> and Head of Binance Labs, expressed strong support for MilkyWay\u2019s growth trajectory, emphasizing the importance of fostering innovation within the Celestia ecosystem.<\/p>\n<p>With its innovative approach and the strategic partnerships, MilkyWay is poised to lead the liquid staking revolution within the modular blockchain ecosystem. The platform\u2019s commitment to enhancing liquidity and utility for TIA token holders reflects a broader trend towards unlocking the full potential of staked assets in decentralized finance.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/milkyway-secures-5m-in-seed-funding-led-by-binance-lab\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Alt Coin News and Cryptocurrency Comparison ) MilkyWay secures $5M funding led by Binance Labs and Polychain Capital. MilkyWay boasts 156,000+ milkTIA holders and integrates with 10+ DeFi protocols. Binance co-founder emphasizes support for MilkyWay\u2019s growth in the Celestia ecosystem. MilkyWay, a liquid staking protocol operating within [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":29974,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/29973"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=29973"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/29973\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/29974"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=29973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=29973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=29973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}