Puffer Finance, a liquid restaking protocol, has successfully raised $18 million in a Series A funding round. The round was led by BHDigitalAssets and ElectricCapital, with significant contributions from Coinbase Ventures, Kraken Ventures, Lemniscap, FTI Canada, Fidelity, Mechanism Capital, and Lightspeed Venture Partners. This funding has propelled Puffer Finance to a valuation of $200 million. The Manta Foundation also announced a new initiative involving 3 million MANTA tokens to support the adoption of Liquid Restaking Tokens (LRTs) through its Restaking Paradigm, which includes collaborations with platforms like EtherFi, KelpDAO, and Puffer Finance.
Congratulations to our friends at @puffer_finance on securing $18 million in their Series A funding round! 🎉 Now you can stake on #MantaPacific through Puffer to earn points and rewards from #MantaRestakingParadigm. 🐡👉https://t.co/Gih4nvRFoh. https://t.co/V64kquyohN
Liquid restaking protocol @puffer_finance has raised $18 million in a Series A funding round. The round was led by @BHDigitalAssets and @ElectricCapital, with investments from @cbventures, @krakenfx Ventures, @Lemniscap, @FTI_Canada, @Fidelity, @MechanismCap, @lightspeedvp,… https://t.co/MqYC8bJp9r
COINBASE INVESTS IN PUFFER’S NEW $18 MILLION FUNDING ROUND - Revealed today, restaking protocol @Puffer_Finance has raised a further $18 million in a new Series A investment round. - The round saw participation from major crypto VCs including but not limited to… @cbventures… https://t.co/OK9dwjrYbb https://t.co/5abxuDcF1C
🚨BREAKING: @PUFFER_FINANCE RAISES $18M SERIES A ROUND
Liquid restaking protocol @puffer_finance raised $18 million in a series A funding round, @cryptauxmargaux reports https://t.co/ij4H1LSY2w
Ethereum liquid restaking protocol Puffer Finance reaches $200 million valuation in new token funding round https://t.co/WesQqnJ3aZ
🔱 The Manta Foundation casts a new net! 3M $MANTA tokens are set to energize the ocean of opportunity in LRTs adoption through Restaking Paradigm. 🌐 Join us as we navigate the depths of DeFi, empowering @ether_fi, @KelpDAO, @puffer_finance & more. Cast your vote & let's sail… https://t.co/4ae6EsZcQE