Liquid Restaking platform Puffer Finance announces close of $18MM Series A round, led by Brevan Howard and Electric Capital
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Promote with Leviathan NewsPuffer Finance, an Ethereum liquid restaking protocol, announced that it closed an $18 million Series A round in April 2024. The round was led by Brevan Howard Digital and Electric Capital, with additional participation reported from investors including Coinbase Ventures, Kraken Ventures, Franklin Templeton, Fidelity Management and Research Company, and others. The funding is notable because Puffer is building infrastructure aimed at making Ethereum staking more accessible and less risky for smaller or solo validators. Its protocol uses a low-bond staking model and a remote-signing tool called Secure-Signer to help reduce slashable behavior, with the broader goal of supporting more decentralized validator participation on Ethereum’s proof-of-stake network.
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- Puffer Finance raised $18M in a Series A funding round (crypto-fundraising.info)
- Puffer Finance Raises $5.5M Seed Funding to Strengthen Ethereum ... (globalfintechseries.com)
- Puffer Finance secures $18M in a Series A funding round. - Binance (binance.com)
- information about Puffer Finance ICO (Token Sale) (icodrops.com)
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