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

Renzo is part of a new class of “restaking” protocols built on EigenLayer, which takes users’ ether (ETH) tokens, deposited or “staked” as security on the Ethereum blockchain, and then repurposes them …

Full story: https://www.coindesk.com/tech/2024/06/18/renzo-capitalizes-on-restaking-frenzy-to-raise-17m-from-galaxy-brevan-howard/