Crypto Re-Staking Platform Attracts $18.8 Billion

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Crypto Re-Staking Platform Attracts $18.8 Billion

Bank of Israel Launches Digital Shekel ChallengeThe 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 […]

from Bitcoin News https://ift.tt/OlEmpQw

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