The Funding: Ethereum restaking, DePINs, Bitcoin ecosystem and RWA tokenization lead crypto VC trends | Headlines | News | CoinMarketCap

05/05/2024 01:01
The Funding: Ethereum restaking, DePINs, Bitcoin ecosystem and RWA tokenization lead crypto VC trends | Headlines | News | CoinMarketCap

Crypto venture capital funding has seen a notable resurgence this year, with investors injecting over $4 billion into startups. Four areas, in …

Crypto venture capital funding has seen a notable resurgence this year, with investors injecting over $4 billion into startups. Four areas, in particular, have witnessed increased investment activity: Ethereum restaking, DePINs (decentralized physical infrastructure networks), the Bitcoin ecosystem, and RWA (real-world asset) tokenization.

Ethereum restaking, a relatively new vertical, has grown substantially this year thanks to its pioneering protocol, EigenLayer.

EigenLayer facilitates the restaking of ether (ETH) and liquid staking tokens with validators in other blockchain networks, enabling users to earn additional rewards. In less than a year, the protocol has accumulated nearly $15 billion worth of assets. EigenLayer's success has spurred the launch of several EigenLayer-based …

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