About MilkyWay
MilkyWay is a company based in Seoul (South Korea) founded in 2023 by Josie Leung. MilkyWay has raised $5 million across 1 funding round from investors including Binance, CRYPTO and Polychain. MilkyWay offers products and services including Liquid Staking and Restaking Protocol. MilkyWay operates in a competitive market with competitors including CyberConnect, Lido, Stader, Kiln and EigenLayer, among others.
- Headquarter Seoul, South Korea
- Founders Josie Leung
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Sectors
TechnologyFinancial Services
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$5 M (USD)
in 1 rounds
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Latest Funding Round
$5 M (USD), Seed
Apr 30, 2024
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Investors
Binance
& 7 more
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Employee Count
Not available
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Products & Services of MilkyWay
MilkyWay offers a comprehensive portfolio of products and services, including Liquid Staking and Restaking Protocol.
Enables staking of assets like TIA for rewards and liquidity.
Facilitates restaking to boost yields across DeFi ecosystems.
Funding Insights of MilkyWay
MilkyWay has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Seed round of $5 million completed in April 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in MilkyWay
MilkyWay has secured backing from 8 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Binance, CRYPTO and Polychain.
| Investor | Description | Founded Year | Domain | Location |
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Web3 venture capital firm partnering on blockchain projects.
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Locked | Locked | Locked | |
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LongHash Ventures is focused on bootstrapping Web3 ecosystems.
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Online exchange platform for cryptocurrency
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Locked | Locked | Locked |
Investor details for MilkyWay
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by MilkyWay
Investment portfolio details for MilkyWay
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- Transaction dates
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Verified entity values are shown only after access is granted.
Financial Statements - MilkyWay
Detailed financials for MilkyWay
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- Profit trends
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Milkyway Comparisons
Peer comparison for MilkyWay
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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Competitors of MilkyWay
MilkyWay operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as CyberConnect, Lido, Stader, Kiln and EigenLayer, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Web3 social network platform
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Non-custodial staking for Ethereum and other cryptocurrencies is facilitated.
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Staking solutions for cryptocurrencies are provided via an online platform.
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Provider of cryptocurrency staking solutions
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Platform offering a set of smart contracts on Ethereum
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Liquid staking protocol
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Detailed competitors of MilkyWay
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Milkyway
Complete news archive for MilkyWay
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Frequently Asked Questions about MilkyWay
MilkyWay was founded in 2023 and raised its 1st funding round 1 year after it was founded.
MilkyWay is headquartered in Seoul, South Korea.
MilkyWay is a funded company, having raised a total of $5M across 1 funding round to date.
MilkyWay was founded in 2023 in Seoul, South Korea, as a cryptocurrency liquid staking platform. Operations focus on enabling staking for Celestias TIA coins, with on-chain rewards provided to users. Services extend to multiple blockchains and validators, allowing seamless participation in staking activities within the decentralized finance sector. The platform supports user access to liquidity while maintaining staked assets.
MilkyWay's top competitors include Lido, Kiln and EigenLayer.
MilkyWay offers Liquid Staking and Restaking Protocol.
MilkyWay has 8 investors. Key investors include Binance, CRYPTO, Polychain, Hack VC, and LongHash Ventures.