Source: Kernel
We are pleased to announce that Kernel has received investment from Binance Labs, further solidifying our position as a core Restaking infrastructure on the BNB Chain. This milestone marks a significant step forward in transforming the economic security of BNB into programmable trust, empowering dApps, middleware, and the entire crypto ecosystem.
So far, we have raised $10 million in multiple funding rounds, and this success would not have been possible without the trust and support of our outstanding investors, including:
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.
We look forward to moving forward together and continuing to push the potential of Restaking beyond new frontiers.
While Restaking has already altered the landscape of Ethereum, Kernel is pioneering into new territories, bringing this innovation to the BNB Chain, thus unlocking a decentralized and scalable trust system. With the support of Binance Labs, we are leading the development of Restaking on the BNB Chain and other chains.
Key Milestones
Since our launch, we have achieved the following milestones:
• Over $1 billion TVL achieved on Ethereum through Kelp and Gain
• Integration with 10+ Layer-2 solutions for enhanced scalability
• Integration with 120+ DeFi projects, fueling rapid ecosystem growth
• Over 300,000 unique addresses used, demonstrating user trust and adoption
Kernel is a key part of a grand vision, driving the future of DeFi through three flagship products:
1. Kernel: The cross-chain Restaking leader on the BNB Chain, about to launch on mainnet
2. Kelp: Liquidity Restaking on Ethereum, with rsETH adoption growing rapidly
3. Gain: Yield tokenization across DeFi, CeDeFi, and Real World Assets (RWAs)
Together, these solutions unlock a potential market opportunity of over $100 billion in the Restaking, DeFi, CeDeFi, and RWA spaces.
The $KERNEL token will unify governance and incentives across Kelp, Kernel, and Gain, rewarding early supporters and driving continual ecosystem growth.
Kernel is not just about building infrastructure; it is about reshaping trust. Whether you are a developer, a crypto enthusiast, or an institutional investor, this is your opportunity to participate in the next chapter of Restaking and DeFi.
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