Ether.fi, the largest securitization restaking protocol, has closed a $27 million investment round.
This round was led by venture firms Bullish and CoinFund, with additional participation from Amber Group, Arrington Capital, Bankless Ventures, Foresight Ventures, Chapter One, 4RCapital, Collider Capital, Lvna Capital, Draper Dragon, Node, OKX Ventures, and North Island Ventures. I did. These include Pulsar, Punk DAO, Relayer Capital, Selini, Version One, and White Star Capital.
“The $27 million will be split between the previously unannounced SAFE and Series A, which closed late last year.” Ether.fi wrote On social media platform A simple contract for future assets (SAFE) involves an investor funding a company and later acquiring rights to the assets of the funded company.
Ether.fi raised $5.3 million in funding in February 2023, led by North Island Ventures and Chapter One, The Block previously reported.
According to cryptocurrency data platform DeFi Llama, Ether.fi has maintained its total value frozen at approximately $1.7 billion, making it the leading Ethereum liquid recapture platform. Ether.fi stakes not only your ETH, but also eETH, a token derived from ETH staking. Restaking protocol EigenLayer supports Ether.fi.
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