Crypto Re-Staking Platform Attracts $18.8 Billion

The rising trend of “re-staking” has driven significant cryptocurrency investments into platforms that reward users for locking up their tokens. Leading this movement is Seattle-based startup Eigenlayer, which secured $100 million in funding from Andreessen Horowitz’s crypto arm in February. Eigenlayer has attracted $18.8 billion worth of crypto to its platform from less than $400 […]

source https://news.bitcoin.com/crypto-re-staking-platform-attracts-18-8-billion/