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Cayman Islands based liquid restaking protocol raised $23m in Series A funding led by Bullish Capital and CoinFund.
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"Restaking has the potential to solve the cold start challenge new projects face by leveraging the existing strength of the Ethereum validator set and becoming a central part of digital asset infrastructure for the long term."
https://thedefiant.io/etherfi-closes-usd23m-series-a-round-as-eigenlayer-tvl-surpasses-usd9b
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