Liquid Restaking Protocol Ether.Fi Raises $23M Series A
Submitted by Anonymous (not verified) on Wed, 02/28/2024 - 16:10Liquid restaking protocol ether.fi has raised $23 million in a Series A round led by Bullish Capital and CoinFund.
Liquid restaking protocol ether.fi has raised $23 million in a Series A round led by Bullish Capital and CoinFund.

With a $100 million investment in EigenLayer, Andreessen Horowitz continues to leverage its $4.5 billion crypto fund to support groundbreaking bloc
The pioneering restaking project EigenLayer, led by Sreeram Kannan, isn't even live but investors are piling in.
Kelp DAO's newly announced kelp earned points (KEP) token brings liquidity to EigenLayer Points.
Liquid restaking protocols are seeing ample demand from users as speculation mounts over potential applications for the Ethereum restaking juggerna
New liquid restaking platforms like Puffer and Ether.Fi have attracted billions of dollars in deposits, but they've birthed a speculative "points"
EigenLayer has become the fifth largest protocol in decentralized finance (DeFi) following more than $4 billion in inflows over the past two weeks.
With 558,000 stETH restaked, Lido commands a 54% market share in EigenLayer's liquid staking tokens ecosystem.
The Ethereum (ETH) balance in multiple mainstream centralized exchanges, like Coinbase and Binance, has hit a new low.
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