Ethereum re-staking protocol Renzo TVL tops $400 million

According to official information, Renzo TVL, Ethereum's re-staking protocol, surpassed $400 million. Previously reported that Renzo announced the completion of a $3 million seed round of financing in mid-January, which was led by Maven11, with participation from SevenX Ventures, Figment Capital, IOSG, and others. Yesterday, Binance Labs also announced its investment in Renzo to support liquidity re-collateralization on the EigenLayer ecosystem.