YieldNest Revolutionizes Liquid Restaking with $5.2M Funding

April 19, 2024, 9:31 pm
YieldNest
YieldNest
Total raised: $5.2M
Singapore-based YieldNest secures $5.2M in funding from Faculty Group, Backed VC, and other investors to expand its innovative liquid restaking protocol. CEO Amadeo Brands aims to reshape the future of restaking and LRTs with ynETH, a groundbreaking product boosting ETH yields through a curated AVS basket. The oversubscribed round reflects confidence in YieldNest's vision for Ethereum's modular roadmap and beyond.