Liquid Restaking Protocol Renzo Raises $17 Million to Expand Its Services
Renzo, the Liquid Restaking protocol, announced today that it has received $17 million in funding.
World of Cryptocurrency
Renzo, the Liquid Restaking protocol, announced today that it has received $17 million in funding.
Funds will be used towards expanding the project’s restaking services, including adding support for ERC-20 tokens.
The launch comes after restaking platform EigenLayer started to threaten Lido’s dominance in Ethereum DeFi.