Stake Technologies is a company that makes core decentralized protocols to make Web3.0 happen.
Stake delivers infrastructure that allows people to own their data, rights, and destinies.
Stake Technologies was founded in 2019 by Sota Watanabe. The company is headquartered in Tokyo, Tokyo, Japan.
Stake Technologies is the company behind Plasm Network and Shiden Network, two hubs for building inter-blockchain compatible smart contracts across Polkadot, Kusama and other protocols.
Stake's The Plasm and Shiden networks will bring a smart contract development layer to the Polkadot ecosystem that is interoperable with Ethereum and its various layer 2 scaling solutions, as well as other systems hosting apps like decentralized finance (DeFi), non-fungible tokens (NFTs).
Stake is backed by Fenbushi Capital, Hypersphere Ventures, Gumi Cryptos, IOSG Ventures, TRG Capital Management, AU21 Capital, and others. The company raised $10M in new round on Jun 11, 2021. This brings Stake's total funding to $13M to date.