Institutional liquidity vault startup RockSolid completes $2.8 million funding round, led by Castle Island Ventures

ChainCatcher news, according to The Block, institutional-grade liquidity vault startup RockSolid has completed a $2.8 million pre-seed funding round, led by Castle Island Ventures, with participation from Blockchain Builders Fund, GSR, Kindred Ventures, Rocket Pool, and the Stanford Blockchain Accelerator.

At the same time, the company launched its first official rETH vault integrated into the Rocket Pool frontend. The new funds will be used to expand the technology, operations, and marketing teams. RockSolid’s first product is a white-label, one-click rETH vault directly embedded in the Rocket Pool staking application interface, providing holders with customized DeFi strategy access. Nic Carter, founding partner of Castle Island Ventures, emphasized that this solution aims to lower the threshold for institutional and community participation in DeFi. Currently, Rocket Pool is the third largest decentralized staking protocol, with a total value locked exceeding $2.7 billion.