The alliance aims to bring institutional-level efficiency to restaking. The deal bridges web3 technology with the traditional enterprise infrastructure. EIGEN price rebounded after the announcement. The web3 branch of Japan’s …
Restaking
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Altcoins
Ebisu Money Raises $600K To Build EbUSD: The First Stablecoin Backed By Liquid Restaking Tokens On EigenLayer
by SKby SKThe $250 billion stablecoin market and $19.3 billion restaking ecosystem are converging through Ebisu Money‘s innovative protocol. The team has raised $600K from DeFi investors to build ebUSD, the first …
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Understanding Ethereum Restaking Staking involves locking up cryptocurrency to support network security and earn rewards. Ethereum 2.0 introduced proof-of-stake (PoS), where validators stake ETH to confirm transactions and maintain the …