Superstate Co-founder Reid Cuming Raises $3.6 Million Pre-Seed for Ground, Enabling Fintech API Access to Onchain Yield

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According to The Block, Ground, a startup founded by Superstate co-founder Reid Cuming, raised $3.6 million in pre-seed funding on Wednesday to help fintechs and asset managers access onchain yield products through an API. Bain Capital Crypto and ParaFi co-led the round, with participation from Nascent, Robot Ventures, Chapter One, and Consonant Ventures. Ground's platform allows financial platforms to embed onchain yield strategies without building their own blockchain integrations, supporting crypto-native yield sources including lending protocols, structured products, and liquid staking tokens across Ethereum, Solana, and Layer 2 networks.
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