
The Big News
TBW - Restaking: Symbiotic raises $29 million to challenge EigenLayer
Restaking protocol Symbiotic has just raised $29 million in Series A funding to accelerate the development of its "Universal Staking Framework" model, a more flexible alternative to the leading EigenLayer. The round is led by Pantera Capital, with participation from Coinbase Ventures and more than 100 business angels