### StakeHound: Bridging DeFi and Staking
StakeHound, founded in 2020 and based in Switzerland, is the pioneering platform that brings together decentralized finance (DeFi) and staking. The company's primary objective is to enable the utilization of staked Proof-of-Stake tokens within Ethereum's growing DeFi ecosystem.
By tokenizing staked assets, StakeHound facilitates liquidity and opens up new opportunities for earning rewards while participating in the staking process. Its approach has garnered significant attention, as evidenced by its Seed Round investment secured on 01 December 2020.
Notably, the backing of NEM Ventures and NEM in the recent investment round underscores the confidence of industry players in StakeHound's vision and solutions. They are leveraging their positions in the Blockchain and Fintech industries to position themselves as a significant player in the evolving landscape of DeFi and staking.
With its innovative approach and strong investor support, StakeHound is poised to make substantial contributions to the convergence of staking and the DeFi sector, potentially driving significant value creation in the blockchain space.
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