Symbiotic, a blockchain startup focused on creating a universal staking platform and shared security protocol for decentralized networks, has raised $29 million in a Series A funding round. The round was led by Pantera Capital, with Paradigm also reported as a lead investor. Symbiotic aims to provide modular and neutral infrastructure that enables Layer 1 blockchains, Layer 2 solutions, and appchains to coordinate security without centralized governance. The company initially started as a restaking protocol on Ethereum and is now expanding its scope to offer a cross-chain security framework. This development is part of broader efforts to address key challenges in blockchain technology, including programmability and security. Symbiotic’s integration with Omni SolverNet and its collaboration with partners like Arch Network highlight its strategy to enhance crypto usability for developers and users.