On October 17, the liquidity pledge agreement Drop completed a $4 million seed round of financing, led by CoinFund, CMS Holdings, Anagram, Interop Ventures, Cosmostation and other institutions, as well as Lido DAO co-founder Vasiliy Shapovalov, Celestia Labs co-founder Mustafa Al-Bassam and Abacus Labs CEO, Hyperlane's core contributor Jon Kol and other angel investors participated.