Ethereum liquid restaking protocol Puffer Finance reaches $200 million valuation in new token funding round

  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 47 sec. here
  • 18 min. at publisher
  • 📊 Quality Score:
  • News: 78%
  • Publisher: 53%

Companies Notícia

Crypto Ecosystems,Crypto Infrastructure,Deals

Puffer Finance has raised $18 million in a Series A funding round co-led by Brevan Howard Digital and Electric Capital.

Puffer Finance, an Ethereum liquid restaking protocol built on EigenLayer, has raised $18 million in a Series A funding round co-led by Brevan Howard Digital and Electric Capital.

Angel investors, including Polygon co-founder Sandeep Nailwal, Wormhole co-founder Anthony Ramirez, AltLayer co-founder Yaoqi Jia and Pendle Finance core contributor Anton Buenavista, also joined the round. Puffer's Series A round comes shortly after it raised funds from Binance Labs earlier this year. Last year, the project also raised a $5.5 million seed funding round and a $650,000 pre-seed round initially.The Ethereum restaking vertical has been gaining momentum since the launch of EigenLayer last year. This led to the launch of several EigenLayer-based platforms this year. Puffer Finance is currently the third-largest liquid restaking protocol by total value locked after Ether.

Puffer has previously also received a grant worth $120,000 from the Ethereum Foundation for its open-source tool called Secure-Signer. The tool allows Ethereum validators to reduce the risk of slashing or penalties.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 464. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Solana Skyrockets Above $200 as Bitcoin Lags Behind (Market Watch)Crypto Blog
Fonte: Crypto_Potato - 🏆 568. / 51 Consulte Mais informação »