TechFlow news — Ethereum restaking protocol EigenLayer is conducting a Series A funding round aiming to raise $50 million. According to sources, the round appears set to give EigenLayer a post-money equity valuation of $250 million and a token valuation or fully diluted valuation (FDV) of $500 million.
The fundraising process began before the November collapse of cryptocurrency exchange FTX, according to three separate sources, and is expected to close soon. EigenLayer did not respond to requests for comment.Original link
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