According to The Block, Foresight News reports that Rover, a liquid staking protocol for Bitcoin, has completed a $4.1 million seed round funding, with investments from CMS, Animoca Ventures, Bloccelerate, UTXO, Maelstrom, Veil VC, Builder Capital, Infinity Ventures, RockTree Capital, Wise3 Ventures, Stake Capital, Relayer Capital, and Optic Capital. Angel investors in this round include Meltem Demirors, Kartik Talwar, Cami Ramos Garzon, Mike Silagadze, Alan Curtis, and Ben Lakoff.
Rover is developing a liquid staking solution for Bitcoin holders on Botanix, the first fully decentralized Bitcoin blockchain. Rover is about to launch on the mainnet, where users will be able to stake their Bitcoin and receive the protocol's liquid staking token rovBTC. Users holding rovBTC can earn additional Bitcoin rewards. The Rover team was founded by David Mass and Meir Bank, who previously worked at Citibank and AngelDAO.
