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Stride reconciles with Cosmos: After settling debts, it will expand new revenue product lines, and liquidity staking services will not be affected

Aug 6, 2025 19:27:01

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ChainCatcher message, Cosmos ecosystem liquid staking protocol Stride announcement, due to Cosmos's decision to no longer advance its EVM, Stride has reached a settlement with it. Stride has settled its debts and will explore a new revenue product line outside of Cosmos, and will share the latest developments once the product line matures.
Liquid staking on Stride will continue to operate as usual, and liquid staking income will continue to be used to buy and burn STRD.

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