Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Re-pledge protocol Renzo completes US$3 million in seed round financing, led by Maven11

Re-pledge protocol Renzo completes US$3 million in seed round financing, led by Maven11

CointimeCointime2024/01/16 00:27
By:Cointime

Renzo, the liquidity re-staking protocol of the Eigenlayer ecosystem, announced the completion of a $3 million seed round of financing, led by Maven11, with participation from SevenX Ventures, Figment Capital, IOSG, and others.According to RootData, Renzo is a re-staking protocol based on EigenLayer. Renzo abstracts the complex process of final user re-staking, so stakers do not have to worry about the active selection and management of operators and reward strategies. ezETH is Renzo's liquidity re-staking token, which automatically obtains rewards and ensures liquidity. ezETH allows users to participate in DeFi while retaining re-staking rewards.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

CME Futures Drive Institutional Interest in XRP

In Brief XRP futures on CME could significantly boost institutional investment. ETFs are gaining traction with significant institutional interest and inflows. XRP poised to become a focal point in the altcoin market.

Cointurk2025/05/19 18:55
CME Futures Drive Institutional Interest in XRP