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Catalyst completes $1.25 million in Pre-Seed financing, led by Hashed Emergent

According to online reports, Web3 infrastructure startup Catalyst announced that it has completed a $1.25 million Pre-Seed financing, led by Hashed Emergent, with participation from Presto Labs, Spaceship DAO, Funfair Ventures, Cosmostation and Crypto Times. Catalyst is developing its first "security abstraction layer" that aims to unify the economic security of multiple re-pledge protocols and simplify the process for developers and node operators to deploy shared security services. The platform has been integrated with re-pledge protocols such as EigenLayer, Symbiotic and Kernel DAO, and is scheduled to launch the public test network in the second quarter of 2025.

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