PANews reported on April 24 that according to Chainwire, Catalysis, a decentralized service infrastructure startup, has completed a $1.25 million Pre-Seed round of financing, led by Hashed Emergent, which focuses on the Indian Web3 ecosystem, with participation from Presto Labs, Spaceship DAO, Funfair Ventures, Cosmostation and Crypto Times. The funds will be used to develop a "security abstraction layer" for re-staking protocols, which aims to simplify the process for developers and node operators to obtain economic security from re-staking ecosystems such as Eigenlayer.
Co-founder Abhishek said that the current integration of shared security protocols is highly fragmented, and Catalysis' core products will lower the development threshold of AVS (Active Verification Service) applications through standardized interfaces. The company has cooperated with mainstream re-staking platforms such as Eigenlayer and Symbiotic, and plans to launch a public test network in the second quarter of 2025. The application scenarios cover Web2 service fields such as cross-chain bridges, oracles, zero-knowledge proofs, and medical data systems.
