Kelp DAO Raises $9M in Token Round on EigenLayer Platform

Wednesday, 22 May 2024, 11:59

Kelp DAO, a liquid restaking platform on Ethereum's EigenLayer, secures $9 million in a private token sale. The platform's innovative approach to restaking has attracted significant investment interest, leading to a valuation of $90 million. With this latest funding round, Kelp is well-positioned to accelerate its development and capture market share in the rapidly evolving DeFi landscape.
LivaRava Finance Meta Image
Kelp DAO Raises $9M in Token Round on EigenLayer Platform

Overview:

Kelp DAO, an Ethereum liquid restaking platform based on EigenLayer, has raised $9 million in a private token sale round.

Key Highlights:

  • Kelp DAO secures $9 million in a private token sale round
  • Platform: Liquid restaking on EigenLayer
  • Valuation: Reaches $90 million

With this latest funding, Kelp is poised to further develop its innovative approach to restaking and fortify its position in the DeFi market.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe