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BitDegree 2024-04-16 11:33:11

$18M Funding Round Propels Puffer Toward Mainnet Launch

Key Takeaways Puffer Finance has raised $18 million in a Series A round led by Brevan Howard Digital and Electric Capital, among other notable investors. The funding will facilitate the launch of Puffer's mainnet, aiming to revolutionize Ethereum liquid restaking. The company has already seen significant pre-launch interest with over $1 billion in deposits, signaling strong market potential for its innovative protocol.

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