Eigenfi Secures Seed Funding to Enhance Restaking Protocol
CryptoNewsTerminal Staff12 Sep, 2024
Eigenfi Secures Seed Funding to Enhance Restaking Protocol
Eigenfi, an innovative restaking protocol, has successfully closed a seed funding round. The funding amount remains undisclosed. This strategic investment was spearheaded by the Aave (AAVE) foundation, with notable participation from Robot Ventures, PancakeSwap (CAKE), RelayrCapital, and a group of renowned angel investors. Among these are Gracy Chen (CEO of Bybit), Sam Kazemian (founder of FRAX Finance), and Matthew Barby (VP of Growth at Kraken). This seed funding will play a crucial role in bolstering Eigenfi's development and expansion. The protocol aims to revolutionize the restaking process, enabling users to maximize rewards while minimizing risks. With this investment, Eigenfi is poised to further enhance its platform and drive widespread adoption of its innovative restaking solutions.
