Binance Labs announced investment in Renzo.
BlockBeats News, on February 22nd, Binance Labs announced its investment in Renzo to support liquidity re-collateralization on the EigenLayer ecosystem.
He Yi, co-founder of Binance and head of Binance Labs, stated, "Renzo's technology solves the complexity of Liquid Restake, allowing more users to participate in Liquid Restake. At Binance Labs, we have been looking for innovative DeFi projects that introduce new use cases, and we look forward to witnessing Renzo's growth in the Liquid Restake field."