Symbiotic will launch its mainnet in September, with 14 networks including Frax and EtherFi joining the shared security framework

On August 16th, re-staking infrastructure provider Symbiotic announced the first 14 networks to join its shared security framework ecosystem, including Frax, EtherFi, RedStone, Arrakis, Stride, Capx, Primev, Router, Pragma, Hinkal, Inference Labs, Ditto, RollChains, and Leaf. These projects will leverage Symbiotic's technology to enhance security and decentralization in their respective fields, covering DeFi, oracles, cross-chain bridging, AI resource matching, MEV optimization, privacy solutions, and more.
In addition, Symbiotic plans to launch its mainnet in September, and the addition of this partner shows the market's recognition of its shared security solution.
Previously, Symbiotic completed a $5.80 million seed round of financing, led by Paradigm and Cyber Fund.