Stride

Stride

Provides liquid staking solutions in blockchain

About Stride

Simplify's Rating
Why Stride is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Crypto & Web3

Company Size

1-10

Company Stage

Seed

Total Funding

$10.7M

Headquarters

New York City, New York

Founded

2022

Overview

Stride offers liquid staking solutions within the Cosmos blockchain ecosystem, allowing users to earn yields from both staking their assets and engaging in decentralized finance (DeFi) activities. This enables users to maximize their returns by staking while still using their assets for lending and liquidity providing. Stride differentiates itself by being community-driven, allowing users to propose new blockchain networks for onboarding through governance votes. The company's goal is to empower blockchain investors and developers with a secure platform that enhances their earning potential.

📈
Significant Headcount Growth
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Simplify's Take

What believers are saying

  • Integration with Penumbra attracts privacy-focused investors to Stride.
  • Launch of stTIA token showcases Stride's commitment to innovation.
  • $4M strategic financing boosts Stride's expansion in the modular ecosystem.

What critics are saying

  • Private liquid staking may attract regulatory scrutiny due to privacy concerns.
  • stTIA launch and airdrop could cause market volatility and liquidity issues.
  • Validator Selection Process might lead to centralization risks if not decentralized.

What makes Stride unique

  • Stride offers dual earning potential from staking and DeFi activities.
  • Stride operates within the Cosmos IBC ecosystem, enhancing interoperability.
  • Stride allows users to propose new chains via governance votes, ensuring adaptability.

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Funding

Total Funding

$10.7M

Above

Industry Average

Funded Over

1 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Above Average

Industry standards

$3.3M
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood
$4M
Stride

Company News

CryptoPanic
Apr 29th, 2025
Interchain Foundation Invests in Stride Swap

The Interchain Foundation (ICF) has invested in Stride, a liquid-staking protocol within the Cosmos ecosystem. This investment will support Stride's development into the first IBC Eureka-powered DeFi platform.

Medium
Apr 29th, 2025
Interchain Foundation Invests in Stride’s Next Chapter: Stride Swap, The Cosmos Hub’s IBC DEX

The liquid staking protocol expands its product suite built on the Cosmos Hub, with a DEX custom built for IBC Eureka, enabling multichain…

Stakecito
Feb 24th, 2025
Penumbra and Stride Introduce Private Liquid Staking

Penumbra has integrated with Stride to introduce private liquid staking, marking a significant shift in how staking and privacy coexist in decentralized finance (DeFi).

Captain Altcoin
Feb 14th, 2024
Modular Blockchains Own The Market As Celestia (TIA) And Dymension (DYM) Pump; Investors Expect The Next Major Move On Rebel Satoshi Launch

Moreover, Stride unveiled the launch of stTIA, a novel liquid staking token, further solidifying its commitment to innovation and user empowerment.

Mirror
Feb 5th, 2024
Stride Association completes US$4 million in strategic financing…

Stride Association announced the completion of US$4 million in strategic financing to promote Stride's development in the modular ecosystem. This round of financing was led by DBA, with participation from 1confirmation, Road Capital, Modular Capital, Chorus One and Imperator. According to previous news, Stride announced yesterday the launch of a new LST asset, stTIA, and 5 million STRD (5% of the maximum supply) will be airdropped to early stTIA holders.

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