"Kelp Decentralized Autonomous Organization (DAO) Boosts Restaking Developments Through Successful $9 Million Private Fundraising"
Kelp DAO, an Ethereum-based restaking protocol, has successfully closed a $9 million private sale. The fundraising round was co-led by SCB Capital and Laser Digital, a digital asset arm of Nomura.
The round attracted participation from a impressive list of investors, including Bankless Ventures, Hypersphere, Draper Dragon, DACM, Cypher Capital, ArkStream, Cluster Capital, GSR, Longhash, Side Door Ventures, NOIA Capital, HTX Ventures, Avid3, ViaBTC Capital, DWF Ventures, and Coinseeker. Several notable angel investors in the crypto community also participated in the round.
Dheeraj Borra, Co-founder of Kelp DAO, expressed his excitement about having investors who share the same vision. He stated that the fundraise will propel the expansion in the market and sharpen the focus on building customer-centric solutions.
Jez Mohideen, CEO of Laser Digital, which co-led the round, expressed his excitement about supporting Kelp DAO and their journey towards building innovative restaking infrastructure solutions.
The funding will be used to enhance the platform's capabilities, expand to other ecosystems like Solana and Bitcoin, and revamp its restaking solutions. The protocol's TVL (Total Value Locked) has surged this year, increasing from $216 million in February to the current level of $959 million, according to DeFiLlama data. There are over 40,000 active restakers on the Kelp DAO platform.
The funding round for Kelp DAO has caught the attention of leading crypto investors, including Scott, Cofounder of Gitcoin; Alex, CEO Nansen; Sam K, Cofounder Frax; Marc Zeller, Aave Chan Initiative; Saurabh Sharma, Jump Crypto; Amrit, COO Altlayer; Anthony, Cofounder of Swissborg; Winslow Strong, Mr. Block, among others.
The success of the fundraising round showcases confidence from global investors as demonstrated by the participation of several notable angel investors in the crypto community. However, the founder of Kelp DAO is not mentioned in the available search results, and there is currently no publicly available information in German sources identifying the founder.
This marks a significant step forward for Kelp DAO as they continue to innovate and grow in the decentralized finance (DeFi) space. With the support of their new investors, they are well-positioned to expand their platform and provide even more customer-centric solutions in the future.
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