<p><a href="https://symbiotic.fi/" rel="nofollow">Symbiotic</a> and <a href="https://www.arch.network/" rel="nofollow">Arch Network</a>, Pantera’s most recent investments, are tearing down blockchain’s biggest barriers: programmability and security. Symbiotic transforms staking into a universal, cross-chain security framework while Arch Network enables decentralized finance on Bitcoin through native smart contracts. These projects aren’t just building infrastructure—they’re making it user-friendly and scalable, creating a blockchain ecosystem that’s as functional as it is secure.</p><p><strong>Symbiotic: Scaling Blockchain Security</strong></p><p>Symbiotic is taking staking out of the shadows and into the spotlight, making blockchain security more flexible and more powerful. Traditionally, networks issue and stake new tokens—a costly and slow process. Symbiotic changes the game by enabling networks to pool security from established ecosystems, reducing the need for new token issuances. For stakers, it offers compounding rewards through restaking.</p><p>Symbiotic’s Universal Staking Framework takes this a step further, allowing any combination of cryptocurrencies to secure networks, including monolithic and modular layer-1 and layer-2 blockchains. In my most recent conversation with co-founder Misha, he stated that “The shared security before and universal staking now has a thesis of you’re not alone anymore. Like you’re not siloed. You’re not like this part of the journey should not be really hard because a lot of people are actually going through that.”</p><p>On a high level, Symbiotic is the ultimate wingman for blockchain security. It enables networks—from Layer 1 blockchains to Layer 2 solutions—to bootstrap sovereign ecosystems by leveraging economic security from staked assets. At its core, Symbiotic facilitates restaking, where tokens like Ethereum are repurposed and staked across multiple networks. Its architecture includes:</p><ul><li><p><strong>Vaults: </strong>Specialized smart contracts where stakers deposit funds, managed by curators who handle delegation decisions.</p></li></ul><ul><li><p><strong>Immutable Core Contracts:</strong> These eliminate governance risk, providing builders with control over shared security agreements without unnecessary permissioning.</p></li></ul><ul><li><p><strong>Customizable Mechanisms:</strong> Networks can adapt punishment and reward structures.</p></li></ul><p>To learn more about Symbiotic check out <a href="https://x.com/symbioticfi/status/1915768039875793089" rel="nofollow">my conversation with Misha Putiatin</a>, co-founder of Symbiotic.</p><p><strong>Symbiotic Investment</strong></p><div><figure><a href="https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe4829c20-503f-42f0-8377-72d471945858_1200x720.jpeg" rel="nofollow"><div><picture><source><img src="https://static.fwimg.io/img/feed/e63db3130c8a76db5b3b3663b1eb361b.jpg" alt=""></source></picture><div></div></div></a></figure></div><p>We led <a href="https://panteracapital.com/why-we-invested-symbiotic/" rel="nofollow">Symbiotic’s $29 million Series A</a> with participation from Coinbase Ventures. We’re thrilled about Symbiotic’s game-changing take on staking, making blockchain security flexible and open to all. Co-founder Misha Putiatin’s vision breaks free from old-school staking limits, letting networks evolve with customizable, permissionless models that support any ERC-20 token. With over 33.8 million ETH staked by February 2025, Symbiotic’s timing is spot-on.</p><p><strong>Arch Network: Scaling Bitcoin’s Programmability</strong></p><p>Arch Network is a Bitcoin-native execution layer that brings full programmability to Bitcoin’s $1.6 trillion asset base. By enabling secure, trust-minimized smart contracts without bridges or wrapped assets, Arch makes it possible to build scalable DeFi directly on Bitcoin’s base layer.</p><p>Arch addresses Bitcoin’s long-standing programmability gap and lays the foundation for a new era of Bitcoin-denominated financial applications.</p><p>Arch is rewriting Bitcoin’s story, proving the old dog can learn new tricks—and lucrative ones at that. Arch’s SVM-modified architecture, inspired by Solana’s virtual machine, supports Turing-complete smart contracts for complex protocols like lending and stablecoins, overcoming Bitcoin’s limited scripting language. It operates bridgelessly on Bitcoin’s base layer, using a FROST + ROAST scheme and Proof-of-Stake Verifier Network for trust-minimized execution</p><p>Arch also integrates with Bitcoin wallets like Xverse and Magic Eden, ensuring interoperability with existing infrastructure. Projects like SaturnDEX and Wasabi are already building on Arch, with developers migrating from EVM-based Layer 2s due to its security.</p><p><strong>Arch Investment</strong></p><p>We led <a href="https://panteracapital.com/blog-investing-in-arch-network/" rel="nofollow">Arch’s $13 million Series A</a>, as we support their goal to scale Bitcoin’s functionality. By partnering with trusted custodians like Anchorage, we believe Arch Network is creating the opportunity for institutional adoption, which helps Bitcoin’s appeal to big players. Meanwhile, the platform’s ability to boost network activity is set to strengthen Bitcoin’s long-term security by driving transaction fees, keeping the ecosystem thriving. Leading the charge are CEO Matt Mudano, a crypto enthusiast since mining Bitcoin in 2012, and CTO Amine ElQaraoui, a Bitcoin Script expert.</p><p><strong>Conclusion</strong></p><p>Symbiotic and Arch are pushing blockchain into exciting new territory. Arch is opening up Bitcoin for DeFi, paving the way for a massive $400 billion on-chain economy with next gen financial products. Meanwhile, Symbiotic is redefining staking, creating a universal security layer that’s already powering over 35 networks.</p><p>Together, we are dismantling barriers to adoption, blending security, accessibility, and innovation. By backing Symbiotic and Arch, Pantera is not just investing in projects—we’re making blockchain accessible for billions.</p><blockquote><p>- Paul Veradittakit</p></blockquote><div><figure><a href="https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F76c37f8c-287f-4fad-b3a5-d2f6afd13b71_1538x690.png" rel="nofollow"><div><picture><source><img src="https://static.fwimg.io/img/feed/88b35ab921bbce110a586e405e4a9d50.jpg" alt="" title=""></source></picture><div></div></div></a></figure></div><div><div><p>Thank you for reading VeradiVerdict. This post is public so feel free to share it.</p></div><p><a href="https://www.veradiverdict.com/p/symbiotic-and-arch-the-next-wave?utm_source=substack&amp;utm_medium=email&amp;utm_content=share&amp;action=share" rel="nofollow"><span>Share</span></a></p></div><div><hr></div><h2><strong>DIGESTS</strong></h2><h4><strong><a href="https://www.coindesk.com/news-analysis/2025/04/19/unpacking-the-dojs-crypto-enforcement-memo" rel="nofollow">Unpacking the DOJ's Crypto Enforcement Memo</a></strong></h4><p>Legal experts say it may not significantly alter the types of cases the DOJ brings.</p><h4><strong><a href="https://decrypt.co/315406/constitutiondao-apocalypse-buy-bunker" rel="nofollow">ConstitutionDAO But for the Apocalypse: Solana NFT Project Aims to Buy Nuclear Bunker</a></strong></h4><p>A budding crypto collective wants to purchase a Cold War-era nuclear bunker by selling 100K NFTs, then forming a DAO to manage it.</p><div><hr></div><h2><strong>BUSINESS</strong></h2><h4><strong><a href="https://decrypt.co/315361/ripple-early-investor-hashkey-capitals-new-xrp-tracker-fund-in-asia" rel="nofollow">Ripple an Early Investor in HashKey Capital's New XRP Tracker Fund in Asia</a></strong></h4><p>The HashKey XRP Tracker Fund’s debut Friday marked the first of several planned collaborations between the Asia-based asset manager and Ripple Labs.</p><div><hr></div><h2><strong>REGULATION</strong></h2><h4><strong><a href="https://www.coindesk.com/policy/2025/04/19/slovenia-moves-to-tax-crypto-profits-at-25" rel="nofollow">Slovenia Moves to Tax Crypto Profits at 25%</a></strong></h4><p>The tax would apply to profits from selling crypto for fiat currency or goods and services, but not to swapping one cryptocurrency for another.</p><div><hr></div><h2><strong>NEW PRODUCTS AND HOT DEALS</strong></h2><h4><strong><a href="https://www.coindesk.com/policy/2025/04/18/canary-capital-files-for-tron-etf-with-staking-capabilities" rel="nofollow">Canary Capital Files for Tron ETF With Staking Capabilities</a></strong></h4><p>The Securities and Exchange just days ago postponed its decision on Grayscale’s request to add staking to its ethereum ETF products.</p><h4><strong><a href="https://decrypt.co/315095/auradine-raises-153-million-bitcoin-ai-businesses" rel="nofollow">Auradine Raises $153 Million for Bitcoin, AI Businesses</a></strong></h4><p>The U.S.-based Bitcoin mining firm has raised more than $300 million in total capital from its investors.</p><div><hr></div><h2><strong>THIS WEEK AT PANTERA</strong></h2><h4><a href="https://panteracapital.com/conference-call/crypto-market-outlook-april-2025/" rel="nofollow">Pantera Market Outlook</a></h4><p>Pantera General Partner Cosmo Jiang dives into the macro signals to shifting regulatory sentiment and growing institutional engagement.</p><h4><a href="https://www.theblock.co/post/350773/everclear-the-ethereum-foundation-backed-interoperability-protocol-launches-mainnet" rel="nofollow">Everclear Launches Mainnet</a></h4><p>Everclear, the cross-chain settlement protocol designed to improve interoperability, has hit $125 million in monthly volume.</p><h4><a href="https://x.com/avantisfi/status/1912180762301862312" rel="nofollow">Avantis</a></h4><p>Zero-fee perpetuals are now in public beta.</p><div><div><div><p>Thanks for reading VeradiVerdict! Subscribe for free to receive new posts and support my work.</p></div><div><div></div><div></div></div></div></div><div><hr></div><h2><strong>LETS MEET UP</strong></h2><p>New Orleans, April 28-29</p><p>Los Angeles, May 4-6</p><p>Toronto, <a href="https://consensus2025.coindesk.com/" rel="nofollow">Consensus</a>, May 14</p><p>Montreal, May 15-16</p><div><hr></div><h2><strong>ABOUT ME</strong></h2><p>Hi, I’m <a href="https://twitter.com/veradittakit" rel="nofollow">Paul Veradittakit</a>, a Managing Partner at <a href="https://www.panteracapital.com/" rel="nofollow">Pantera Capital</a>, one of the oldest and largest institutional investors focused on investing in blockchain companies and cryptocurrencies. I’ve been in the industry since 2014, and the firm invests in equity, early-stage token projects, and liquid cryptocurrencies on exchanges. I focus on early-stage investments and share my thoughts on what’s going on in the industry in this weekly newsletter.</p><p>If you have any projects that need funding, feel free to DM me on<a href="https://twitter.com/veradittakit" rel="nofollow"> twitter</a>.</p>

Symbiotic and Arch: The Next Wave of Companies Redefining Blockchain Infrastructure

<p><a href="https://symbiotic./" rel="nofollow">Symbiotic</a> và <a href="https://www.arch./" rel no=""></những khoản tới nhcủa, đphá vỡ những rào cản lớn nhnất blockchain: khả năng lập trình và bảo mật. symbiotic chuyđổaking thành một khuôn khổ bảo mật toàn cuuyênhu�trong karch ph</pépài chính phi tập trung (trên Bitcoin thông qua các hợp đồng thông minh gốc.H những dự án này không chỉ đơn thuần xây dựng cơ sở hạ tầng - mà còn giúp nó thân thiện với người dùng và có thể mở rộng, tạmột hệ sinh thái blockchain vừa chức năng vừa an toàn.</p><p><strong>Symbiotic: Mởình bảao blockchainc></p p>symĐang đưa stakinging ra kh</p i bóng tối và đưa nó vào tâm điểm, giúp bảo mật blockchain trở nên linh hoạt và mạnh mẽ hơn. Truyền thống, các mạng phát hành và stake token mới - một quá trình tốn kém và chậm chạp.Ổi. Symbiotic thay đổi cuộc chơi bằng cách cho phép các mạng lấy bảo mật từ các hệ sinh thái đã thiết lập,ảm nhu cầu phát hành token m.ới>Ối với những ngườiùstake, nó cung cấp phần thềnưích lũôngng qua restaking.</p><C Staking toàn cầu của Symbiotic đi xa hơn nữa, cho phép bất kỳ sự kết hợp nào của tiền điện tử để bảo mật các mạng, bao gồm cả blockchain monolithic và modular layer-1 và layer-2. Trong cuộc trò chuyện gần đây nhất với đồng sáng lậpIsha, anh ấy cho biết: "Bảo mật được chia sẻ trước đây và staking toàn cầu hiện tại có luận điểm là bạn không còđơn độcữaống nhưạbị cô lập ập. Bạn sẽ không phải khó khởăn trong giai đoạn này vì rất nhiều người đang trải qua nó p p pOtic về cơbảno là người bạn đtuyệt vcho bbảo mcủao. Nó cho phép các mạng - từ blockchain Layer 1 đến giải pháp p2ây dệáiủ quyằngận dụong kinh tế ttừ tài sản được stake. Kiến trnóao:</p><(Bản tiếp tục theo cùng nguyên tắc)

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