Since Moonstake was founded, Moonstake has sought to meet growing demand in Asia and globally by developing its own innovative staking protocols. Moonstake's product is a one-stop solution with staking capabilities that provides a gateway for users to facilitate their use of cryptocurrencies via web and mobile wallets (iOS/Android). Currently, Moonstake supports staking for ADA, Tezos, Cosmos, Ontology, QTUM, IRISnet, Harmon and further innovative products such as connection to DeFi via wallet will be developed in the future.

With this funding, Moonstake will step up its existing staking pool operations and wallet service offerings. In addition, while further expanding the products and services for businesses that we have been promoting, we will build a platform for decentralized finance (DeFi), which we have been connecting for some time, and a protocol for solving staking liquidity. We will promote innovative initiatives in the DeFi area with development.

Staking has been in full swing since 2019. Earlier this year, the market value of the staking market expanded 3.5 times in the 10 months from the beginning of the year, even in the single year of 2020, due to the PoS transition of well-known projects such as ADA and the start of staking.

Against this backdrop, Moonstake has been developing more user-focused staking products to create Asia's largest staking pool network. The number of users continued to grow due to active alliances with public blockchains and marketing cooperation, and in October, Moonstake's total staking amounted to over $50Million.

Panjun Wang, Partner at Ruby Capital says:
Moonstake has continued delivering recorded achievements in the crypto staking service industry, and Ruby Capital is excited to be part of its journey from Staking to Defi. We look forward to the joint-developments and bringing more values to the users of the Moonstake!

About Moonstake
Moonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Moonstake develops a staking pool protocol and provides business services through partners and companies.
Moonstake aims to create the largest staking pool network in Asia, a robust environment for the cryptocurrency holders is one of its missions. Establishing a clear partnership roadmap with Moonstake represents another significant milestone for continuing to strengthen ties with leading platforms across Asia's burgeoning Distributed Ledger Technology (DLT) ecosystem. partnership has been announced with Emurgo, Ontology and NEO to boost staking adoption, Binarystar, Japan's biggest blockchain hub, OIO Holdings Limited (SGX: OIO), a Singapore Catalist-Listed company. Industry's reputed advisors, such as Lisk and Lawrence Lim of RAMP DEFI support Moonstake's innovative journey.
www.moonstake.io

About Ruby Capital
Ruby Capital Pte Ltd., is a licensed venture capital fund manager regulated by the Monetary Authority of Singapore. The team employs industrial professionals and specialists in Singapore, Japan and China. Ruby partners with BinaryStar, Infinity Blockchain Group and others from China, Japan, South Korea, Singapore, and Europe with strong connections in Finance, IT Technology, Incubators, Education and Supply Chain industries. Ruby capital invests in artificial intelligence, data analytics, Fintech, consumer technology innovations, distributed ledger technologies (DLT), extended realities, quantum computing and other high-potential innovations.
https://rubycapital.sg

This website is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, nor does it constitute an offer to provide investment advisory or other services by FINYEAR.
No reference to any specific security constitutes a recommendation to buy, sell or hold that security or any other security.
Nothing on this website shall be considered a solicitation or offer to buy or sell any security, future, option or other financial instrument or to offer or provide any investment advice or service to any person in any jurisdiction.
Nothing contained on the website constitutes investment advice or offers any opinion with respect to the suitability of any security, and the views expressed on this website should not be taken as advice to buy, sell or hold any security. In preparing the information contained in this website, we have not taken into account the investment needs, objectives and financial circumstances of any particular investor.
This information has no regard to the specific investment objectives, financial situation and particular needs of any specific recipient of this information and investments discussed may not be suitable for all investors.
Any views expressed on this website by us were prepared based upon the information available to us at the time such views were written. Changed or additional information could cause such views to change.
All information is subject to possible correction. Information may quickly become unreliable for various reasons, including changes in market conditions or economic circumstances.

Finyear : Future Finance, Fintech, DeFi | Daily News
Chaineum : The DeFi Company
HealthTech.Finance : Healthtech Investment Bank
Laurent Leloup : Blockchain & DeFi Advisor
Gryn.Tech : Decarbonation Solutions, Renewable Energy