Binance Labs invests in Ethereum restaking protocol Renzo
02/22/24, 2:55 PM
Location
Money raised
$3.2 million
Industry
information technology
Round Type
seed
Investors
Okx Ventures, Iosg Ventures, Seven X Ventures, Figment Capital, Maven11, Binance Labs
Binance Labs has invested in Renzo, an Ethereum restaking protocol, shortly after the startup raised $3.2 million in a seed funding round. The funding comes at a time when Ethereum liquid restaking is one of the hottest areas in crypto, with billions of dollars pouring into the vertical.