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In addition, Mito Finance introduced the launch of Mito on the Injective mainnet on February 20. Binance Labs has invested in Renzo, an Ethereum liquid restaking protocol leveraging EigenLayer tech. Concurrently, Andreessen Horowitz (a16z) has backed EigenLayer with a substantial $100 million. EigenLayer, main in Ethereum restaking, previously raised $50 million in a spherical led by Blockchain Capital. As the DeFi and crypto space continues to evolve at a rapid pace, it’s essential to remain knowledgeable about the latest developments and trends. Josh Fernandez is a distinguished determine on the earth of cryptocurrency, well known for his insightful and comprehensive writing on the topic.