[Institutional Staking Platform Gyld Finance Completes $1.5 Million Pre-Seed Funding Round, Led by Lightshift] According to Investing, institutional staking platform Gyld Finance announced the completion of a $1.5 million pre-seed funding round, led by Lightshift. Gyld Finance was founded by Abbas Ali (former Product Lead at JPMorgan Kinexys) and Ruchir Gupta (former Head of Treasury and Options Trading at GSR). The company is developing regulated financial market infrastructure to transform staking rewards into a tradable institutional asset class. Gyld has begun piloting with Figment as its first staking provider and is now recruiting select early adopters—including asset management firms, trading companies, and digital asset treasuries.