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Parallel

Parallel is an institutional-grade lending protocol for proof-of-stake blockchains. Parallel offers cross-chain money ma...

Sequoia

What they do

Problem

Proof-of-stake blockchain users and institutions lack efficient, secure ways to borrow, lend, and leverage staked assets across chains.

Solution

Parallel provides an institutional-grade cross-chain lending protocol offering money markets, leveraged staking, and zero-collateral loans across blockchains.

Who it's for

Institutional and advanced crypto users (e.g., funds, market makers, and DeFi participants) on proof-of-stake blockchains.

Founders

Yubo Ruan

Company timeline

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