The BNB Chain ecological re-staking infrastructure Kernel has completed a total financing of 10 million USD, with participation from Binance Labs and others

2024-11-26 09:24:59
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ChainCatcher news, the re-staking infrastructure Kernel in the BNB Chain ecosystem has announced that it has raised a total of $10 million in multiple rounds of financing, with investors including Binance Labs, SCB Limited, Laser Digital, Bankless Ventures, Hypersphere, Draper Dragon, DACM, CYPHER, ArkStream Capital, HTX Ventures, Avid VC, GSR, Cluster Capital, Longhash Ventures, Via BTC, Side Door Ventures, NOIA, and DWF Labs.

Kernel includes three DeFi products: the cross-chain re-staking infrastructure Kernel on BNB Chain (mainnet launching soon), the liquidity re-staking protocol Kelp on Ethereum, and the RWA tokenized yield protocol Gain. Kernel stated that the KERNEL token will unify the governance and incentive mechanisms of Kelp, Kernel, and Gain, rewarding early supporters and promoting the development of the ecosystem.

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