Liquid Collective developer Alluvial completes $4.30 million in strategic financing.

According to Wu, Liquid Collective, an institutional-grade liquid staking protocol developed by Alluvial, announced the completion of a new round of strategic financing amounting to $4.30 million, led by Variant, with participation from Ethereal Ventures, Brevan Howard Digital, F-Prime Capital, Nascent, and others, bringing the total financing amount to $22.50 million. This funding aims to promote the development of specialized, open, and configurable solutions to accelerate adoption in the institutional staking market.