Renzo TVL, a re-staking protocol, has surpassed $100 million in total value locked.

According to data from DeFiLlama, Renzo TVL, a re-staking protocol, broke through $100 million on January 21. It reached $103 million. Prior to this, on January 15, according to The Block, Renzo, a liquidity re-staking protocol in the Eigenlayer ecosystem, announced the completion of a $3 million seed round of financing. The round was led by Maven11, with participation from SevenX Ventures, Figment Capital, IOSG, and others.