August 28, 2025 – Suzaku, the pioneering Decentralization Hub for Layer 1 (L1) blockchains, today announced the successful completion of a $1.5 million total fundraise. This significant capital infusion, garnered through a combination of a seed round, public sales, and strategic grants from the Avalanche Foundation, will empower Suzaku to further its mission of securely scaling and decentralizing validator sets for Avalanche L1s.
The funding underscores strong confidence from key players within the blockchain ecosystem in Suzaku's innovative approach to enhancing cryptoeconomic security and fostering a robust staking layer.
"We are incredibly proud to announce this successful fundraise, which marks a pivotal moment for Suzaku and the broader Avalanche ecosystem," stated a spokesperson for Suzaku. "This capital, backed by both institutional and community support, will enable us to accelerate the development of our platform, helping Avalanche L1s achieve greater decentralization and security. We are grateful to our investors and the Avalanche Foundation for believing in our vision to become the staking layer of choice."
The diverse group of long-term ecosystem players and angel investors participating in this raise includes:
- Ecosystem Players: Blizzard Fund, Yield Yak, Tegridy Capital, and 50 Partners.
- Angel Investors: Founders from Benqi Finance, Yield Yak (including Ravageur77), SwissBorg (Cyrus Fazel and Nremond), Chorus One (Erwin), and StableJack.xyz founders.
Revolutionizing L1 Security and Decentralization
Suzaku is purpose-built as a "Decentralization Hub" tailored specifically for Avalanche L1s. It addresses critical needs within the ecosystem by providing diverse security models, ranging from Proof-of-Authority (PoA) to Proof-of-Stake (PoS) and dual-staking mechanisms. The protocol effectively operates as a sophisticated validator marketplace, seamlessly connecting:- Stakers: Users who contribute to securing Avalanche L1s by staking their native L1 tokens and restaking blue-chip assets, receiving rewards in return.
- Operators: High-tier infrastructure providers and validators who offer their services to L1 networks, enabling them to scale and decentralize their validator sets.
- L1 Networks: These networks reward both stakers for providing cryptoeconomic security and operators for running the essential infrastructure.
A key innovation of Suzaku is its restaking mechanism, which allows L1 networks to achieve higher and more stable cryptoeconomic security while potentially reducing the rewards they need to pay out. This creates a more efficient and sustainable security model for the growing number of Avalanche subnets.
Introducing SUZ Token and Suzaku Relayer Network (SuzakuRN)
At the core of the Suzaku ecosystem is the SUZ token. Holders can stake SUZ to receive emissions, expose themselves to incentives, and gain potential airdrops from Avalanche L1s and DeFi partners, further aligning incentives across the network.
Complementing its core staking services, Suzaku also introduces the Suzaku Relayer Network (SuzakuRN). SuzakuRN is a dedicated Suzaku Sovereign Network designed to supercharge Avalanche Interchain Messaging (ICM). It brings crucial enhancements such as censorship resistance, liveness, and validity to interoperability within Avalanche, mitigating common vulnerabilities like censorship and hacks that can affect traditional relayer systems.
Backed by Expertise and Community Support
Suzaku is developed by the highly knowledgeable Ash team (a.k.a. E36 Knots), recognized alumni of the Avalanche Codebase accelerator S’24. The team's deep expertise in the Avalanche ecosystem is further bolstered by direct support from the Avalanche Foundation. Ash itself is an open-core Appchain-as-a-Service platform that leverages Avalanche L1s, demonstrating a profound understanding of the underlying technology.
With this new funding, Suzaku is poised to expand its team and accelerate its development roadmap, including the upcoming launch of its testnet and mainnet, aligning with the broader growth of the Avalanche network. Suzaku is also actively engaged in helping other teams build their own sovereign L1s, offering comprehensive support for critical aspects of network development.
About Suzaku:
Suzaku is the Decentralization Hub for L1s, specifically designed to help Avalanche L1s securely scale and decentralize their validator sets. Through its innovative validator marketplace, which connects stakers, operators, and L1 networks, and its pioneering Suzaku Relayer Network (SuzakuRN), Suzaku aims to provide higher cryptoeconomic security and enhanced interoperability. Built by the experienced Ash team and supported by the Avalanche Foundation, Suzaku is committed to becoming the leading staking layer for the Avalanche ecosystem.
Compiled by CMO Intern team