Byzantine Finance announces the completion of a $3M pre-seed funding round to advance its innovative restaking aggregation protocol.
Restaking Aggregation Protocol
Byzantine's restaking aggregation protocol allows investors to secure multiple systems, distributing risk and increasing returns. It offers access to new DeFi primitives with a TVL of over $20B.
Investment and Interests
Byzantine's funding round attracted broad interest from web3-focused VCs and angel investors. Over 30 investors participated, including Node Capital and Blockwall Ventures, joined by Lightshift, Masterkey VC, and others.
Benefits and Opportunities of Byzantine
Byzantine provides institutional investors the ability to develop customized restaking strategies using onchain vaults. This helps mitigate risks and maximize returns.
Byzantine Finance continues to set new standards in restaking infrastructure, expanding opportunities for institutional and professional users in the DeFi space.
