Ether.fi Secures $27 Million in Funding to Advance Liquid Restaking

The Ethereum liquid restaking protocol, Ether.fi, has successfully closed a $27 million investment round, signaling strong investor confidence.

Ether.fi, an Ethereum liquid restaking protocol, has raised $27 million in a combined SAFE and Series A funding round.
The funding round was led by Bullish Capital and CoinFund, with significant participation from a wide range of venture firms and crypto investors.
Ether.fi's liquid restaking token (LRT) aims to solve liquidity issues in Ethereum restaking, allowing tokens to earn staking yield and be usable in DeFi protocols.
The protocol has attracted substantial interest, with its total value locked (TVL) surging to nearly $1.7 billion, making it a leading platform in the liquid restaking space.
Investor interest in restaking has grown, with Ether.fi's funding following a $100 million investment in EigenLayer, the restaking protocol on which Ether.fi is built.