Renzo Capitalizes on Restaking Frenzy to Raise $17M From Galaxy, Brevan Howard

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Margaux Nijkerk reports on the Ethereum protocol and L2s. A graduate of Johns Hopkins and Emory universities, she has a masters in International Affairs & Economics. She holds a small amount of ETH and other altcoins.

Liquid restaking protocol Renzo shared Tuesday that it has raised $17 million in a funding round, according to a press release shared exclusively with CoinDesk.

Restaking competitor Symbiotic also shared that it would accept Ethena Labs’ $ENA and $USDe, which are ERC-20 tokens.

 

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