Rocket Pool Secures Investment from Coinbase Ventures on February 17, 2023

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RPL
RPL
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According to media reports, Rocket Pool completed a new round of financing on February 17, 2023, with Coinbase Ventures leading the investment.Rocket Pool is a decentralized Ethereum 2.0 staking protocol designed to accommodate stakers of all sizes. The platform enables users to stake as little as 0.01 ETH through a decentralized network of node operators in a trustless manner. Its operations are secured by RPL tokens, which serve as collateral to ensure system security and reliability.In terms of development history, Rocket Pool launched the RPL token and opened trading in July 2018. After several years of growth, it officially went live on the mainnet in November 2021. The latest updates indicate that the team plans to hold a community meeting on September 9, 2025, to discuss strategies for utilizing rETH’s on-chain ETH DAT. As the Ethereum ecosystem continues to evolve, demand for decentralized staking services is rising, making Rocket Pool’s innovation and progress in this sector highly anticipated.This strategic investment from Coinbase Ventures not only reflects institutional confidence in the decentralized staking market but also supports Rocket Pool in further enhancing its product capabilities, expanding market share, and advancing the Ethereum staking ecosystem.

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RPL fundraising-history
fundraising-Roundfundraising-amountfundraising-valuationfundraising-timefundraising-investor
------2023-02-16Coinbase Ventures
fundraising-key-milestones
  • 2025-09-09
    Rocket Pool to hold community call on September 9th to discuss on-chain ETH DAT strategies leveraging rETH
  • 2023-02-17
    Rocket Pool completed a new funding round
  • 2021-11-09
    Rocket Pool is live on mainnet
  • 2018-07
    RPL is live for trading
24hour-high
$2.14
24hour-volume
$28.32K
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$61.90
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$0.008847
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100%
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$45.84M
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$2.03
market-cap
$45.84M
circulating-s
22.28M RPL
total-supply
22.11M RPL
max-supply
-- RPL
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positive
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