ChainCatcher reports that, according to Chainwire, Web3 infrastructure startup Catalysis has completed a $1.25 million Pre-Seed funding round, led by Hashed Emergent, with participation from Presto Labs, Spaceship DAO, Funfair Ventures, Cosmostation, and Crypto Times.
The funding will be used to develop the first "security abstraction layer" designed specifically for restaking protocols, aiming to unify the economic security of multiple restaking protocols and simplify the process for developers and node operators to deploy shared security services. The platform has already integrated with restaking protocols such as EigenLayer, Symbiotic, and Kernel DAO, with plans to launch a public testnet in the second quarter of 2025.
