Institutional staking platform Colossus Digital secures €1 million in funding, led by SBI Ven Capital.

BlockBeats News, on June 15, according to a report by Crowdfundinsider, institutional staking platform Colossus Digital received an investment of €1 million (approximately $1.15 million) from SBI Ven Capital. This funding was facilitated through a joint fund supported by SBI Ven Capital, Sygnum Bank, and Azimut Group. The funds will be used to launch Colossus Digital's institutional crypto platform, which aims to connect regulated custodians with validators for staking and governance purposes.