November 4, 2024
Hyve Welcomes Stake Capital as Strategic Node Operator
As we keep getting closer to our Testnet deployment, we’re very excited to announce that Stake Capital will join HyveDA’s testnet as a strategic node operator.
Stake Capital, the brainchild of the blockchain pioneer Julien Bouteloup, has been an active blockchain investor since 2012, primarily on the VC side in pre-seed through series A. The firm has so far operated as an evergreen multi-strategies prop shop achieving best-in-class outcomes, and is now moving to become a full fledged Asset Manager.
Stake Capital currently validates 20 blockchains and bridges, while simultaneously running a venture studio specializing in blockchain and deep technology to disrupt and redefine the DeFi industry. The group is also behind popular initiatives such as rekt.news and StakeDAO, showcasing the wide range of expertise within the Stake Capital team.
As a group run by blockchain, DeFi, and AI pioneers, led by Julien Bouteloup, standing at the intersection of traditional industries and blockchain technology, Stake Capital is a perfect match for what HyveDA is looking for in operators. Their motivations are aligned, in that they both strive to solve complex blockchain issues, taking the burden off of the builders and innovators, allowing them to focus on what really matters; their products.
As HyveDA’s network of node operators grows, its throughput grows, and its Testnet deployment gets closer, we’re beyond excited to welcome Stake Capital to the HyveDA family. Together with our operators, we are changing the face of data on the blockchain.
About Hyve
HyveDA is a 1 GB/s middleware data availability solution secured by Symbiotic. By leveraging a novel Permissionless DAC design, HyveDA achieves industry-leading gigabyte throughput while maintaining Ethereum's underlying security. For more information about Hyve, visit https://hyveda.xyz/