Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»CRYPTO NEWS»Kernel secured Binance Labs funding to redefine re-staking on the BNB chain.
CRYPTO NEWS

Kernel secured Binance Labs funding to redefine re-staking on the BNB chain.

By Crypto FlexsNovember 25, 20244 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Kernel secured Binance Labs funding to redefine re-staking on the BNB chain.
Share
Facebook Twitter LinkedIn Pinterest Email

Bengaluru, India, November 25, 2024, Chainwire

Kernel is pleased to announce funding. Binance LabIt solidifies its role as the core re-staking infrastructure of the BNB Chain. This milestone marks a huge leap forward in transforming BNB’s economic security into programmable trust and powering dApps, middleware, and the entire cryptocurrency ecosystem.

Kernel has raised a total of $10 million across rounds with the trust and support of a variety of investors, including:

SCB Limited, Laser Digital, Bankless Ventures, Hypersphere, Cypher Capital, Draper Dragon, ArkStream Capital, DACM, HTX Ventures, Avid VC, GSR, Cluster Capital, Longhash Ventures, Via BTC, Side Door Ventures, NOIA, DWF Labs.

Kernel is excited to continue building on this journey and pushing the boundaries of what re-staking can achieve.

Building Beyond Ethereum

While restaking reshaped Ethereum, the kernel broke new ground by bringing these innovations to: BNB ChainUnlock decentralized, scalable trust. sponsor Binance LabKernel is leading the reclaiming journey on the BNB chain and beyond.

Kernel milestones

Since release the kernel has achieved the following:

  • Total value locked (TVL) over $1 billion With Kelp & Gain on Ethereum
  • 10+ Layer 2 integrations For better scalability
  • 120+ DeFi integrationspromote rapid growth
  • 300,000+ unique addressesDemonstrates trust and adoption.

Kernel’s Vision Ecosystem

Kernel is part of a broader vision to power the future of DeFi through three key products:

  1. core: BNB Chain’s cross-chain re-staking powerhouse launches Mainnet soon
  2. kelp: Liquidity re-staking is surging on Ethereum as RSETH adoption surges.
  3. get: Tokenized returns across DeFi, CeDeFi and real-world assets (RWA)

When these solutions are used together, A $100B+ Opportunity It spans Restake, DeFi, CeDeFi and RWA.

Introduction to $KERNEL Token

$KERNEL aims to unify governance and incentives across Kelp, Kernel, and Gain to reward early supporters and drive ecosystem growth.

The kernel will first be launched on the BNB Chain using the BNB Liquid Staking Token (LST), which will then re-stake BNB as economic security to support DeFi innovation on the BNB Chain. Expansion plans include incorporating BTC and its derivatives as a re-staked economic security. More than 20 decentralized applications (dApps), including Mira, a decentralized AI coprocessor, and Electron, a ZK proof aggregation protocol, will leverage the kernel’s economic security. Several LSTs and LRTs, including ListaDAO, Solv, and YieldNest, are collaborating with Kernel to provide more utility for re-staked assets.

Over time, the kernel plans to expand to additional L1s, providing strong economic security and a foundation for the growth of innovative applications in the kernel.

Kernel integrates native and liquid staking tokens across BNB, BTC and other yielding holdings to improve utility and capital efficiency. By building a shared economy security ecosystem, the kernel enables developers to bootstrap their projects more efficiently while providing users with new opportunities to maximize the usefulness of their assets. These innovations drive the growth of innovative restaking and DeFi applications by reducing protocol barriers and creating a developer-friendly environment. The kernel aims to provide a secure and scalable foundation on which developers can build and grow their projects efficiently.

“Kernel is an example of the type of innovative project that aligns with Binance Labs’ mission to bring more users to Web3 by supporting meaningful technologies and advancing the ecosystem,” said Alex Odagiu, Investment Director at Binance Labs. “By leveraging its re-staking solution, Kernel is driving greater utility and scalability of BNB-backed assets while laying the foundation for a more resilient and developer-friendly re-staking and DeFi environment.”

“We are thrilled to have the support of Binance Labs to realize our vision of re-staking across Web3. Their support has been instrumental in helping Kernel build the foundation for a more secure, scalable and utility-rich restaking and DeFi ecosystem on the BNB Chain,” said Amitej G., Co-Founder of Kernel. “We are not just increasing redeployment space, we are unlocking a new level of usability and resilience for BNB-backed assets. This is just the beginning, and we’re excited to continue pushing the boundaries of re-staking on the BNB chain and beyond.”

join the trip

The kernel is working to rebuild trust, not just build infrastructure.

Users can follow their own journey.

twitter: @KelpDAO & @KernelDAO

Telegram | fluoride

kernel information

Kernel is pioneering re-staking on the BNB Chain, designed to provide decentralized shared security and accelerate innovation and growth across the ecosystem. A remediation founded by DeFi experts and scaling its products to over 1.3 billion TVL, Kernel’s project ecosystem is already over 25 years old and growing rapidly. By lowering the barrier to entry to the protocol and providing higher rewards, the kernel helps developers build 100x more efficiently and allows users to maximize rewards for their assets.

https://kerneldao.com/

contact

Kernel Founder
Amite Ghazala
core
marketing@kelpdao.xyz

Kernel Secures Binance Labs Funding to Redefine Restaking on BNB Chain

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bybit Establishes New B2B Unit To Drive Institutional Adoption Of Digital Assets

September 5, 2025

Lowkick Studio Launches $SHARDS Token On Top Tier Exchanges For WorldShards MMORPG

September 5, 2025

Cango Inc. Reports Second Quarter 2025 Unaudited Financial Results

September 5, 2025
Add A Comment

Comments are closed.

Recent Posts

RLUSD Stablecoin is extended to Africa to supply power to the border between the border.

September 5, 2025

Bybit Establishes New B2B Unit To Drive Institutional Adoption Of Digital Assets

September 5, 2025

Lowkick Studio Launches $SHARDS Token On Top Tier Exchanges For WorldShards MMORPG

September 5, 2025

The cryptocurrency is falling when the tokens and stocks connected to Trump are under pressure.

September 5, 2025

Cango Inc. Reports Second Quarter 2025 Unaudited Financial Results

September 5, 2025

Coindesk July 2025 Report: Stablecoins and CBDC

September 5, 2025

NOWPayments To Participate In SiGMA Europe Rome 2025

September 4, 2025

Web3 Enabler Announces Blockchain Payments V3.1 At Northeast Dreamin In Boston

September 4, 2025

Is XRP The Dark Horse Of The Cryptocurrency World? Earn 652 XRP Daily Using Invro Mining’s Smart Contract

September 4, 2025

TRX Was Early, ETH Set The Standard, BNB Built The Scale- Now SYC Brings The Next Evolution

September 4, 2025

Sign Up And Receive $500 Bonus, Ushering In A New Era Of Compliant And Secure Crypto Investment

September 4, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

RLUSD Stablecoin is extended to Africa to supply power to the border between the border.

September 5, 2025

Bybit Establishes New B2B Unit To Drive Institutional Adoption Of Digital Assets

September 5, 2025

Lowkick Studio Launches $SHARDS Token On Top Tier Exchanges For WorldShards MMORPG

September 5, 2025
Most Popular

U.S. Treasury official calls on Congress for ‘necessary tools’ to combat cryptocurrency-related illicit finance

April 9, 2024

Bitcoin’s all-time high target remains as BTC price bounces back to $64,000.

October 2, 2024

BingX launches ‘ShieldX’ wallet firewall months after $52 million hack

October 25, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.