Etherfi Closes Institutional Restaking Agreement at Cap

TL;DR summary Ether.fi, FalconX, and M11 Credit have executed DeFi's first institutional restaking agreement via Cap Money. Ether.fi delegates weETH tokens to Cap's platform, built on Symbiotic, to underwrite private credit for M11 Credit through FalconX's Structured Credit Facility. This bridges restaking liquidity with institutional borrowing, offering restakers sustainable fixed yields from lending activities. However, it introduces slashing risks if borrowers default, signaling maturing DeFi integration with traditional finance.

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• Institutional Adoption
• Ether.Fi
• Restaking
• Cap App