Binance Labs invests in Kernel / Kelp DAO to shape the future of Restaking and Defi

Binance Labs invests in Kernel / Kelp DAO to shape the future of Restaking and Defi

Binance Labs invests in Kernel / Kelp DAO to shape the future of Restaking and Defi

Divyushii

Nov 25, 2024

Nov 25, 2024

Nov 25, 2024

2 min

2 min

2 min

We’re absolutely thrilled to announce funding by Binance Labs, marking a major leap forward in our mission to shape the future of Restaking and DeFi.

Our success wouldn’t be possible without the belief and backing of our incredible investors, including: SCB Limited, Laser Digital, Bankless Ventures, Hypersphere, Draper Dragon, DACM, CYPHER, ArkStream Capital, HTX Ventures, Avid VC, GSR, Cluster Capital, Longhash Ventures, Via BTC, Side Door Ventures, NOIA, DWF Labs.

We’re excited to continue building this journey together and pushing the boundaries of what restaking can achieve.

🛠️ Building beyond Ethereum

While restaking has reshaped Ethereum, Kernel is breaking new ground by bringing this innovation to BNB Chain, unlocking decentralized, scalable trust. Backed by Binance Labs, we’re leading the charge restaking on BNB Chain and beyond.

💪 Milestones that matter

Since launching, we’ve achieved:

  • $1 Bn+  Total Value Locked (TVL) with Kelp & Gain on Ethereum

  • 10+ Layer-2 Integrations for better scalability

  • 120+ DeFi Integrations, fueling rapid growth

  • 300K+ Unique Addresses, showing trust and adoption

🔗 Kernel’s visionary ecosystem

Kernel is part of a broader vision, powering the future of DeFi through three flagship products:

  • Kernel: Cross-chain restaking powerhouse on BNB Chain, launching mainnet soon

  • Kelp: Liquid restaking on Ethereum with rsETH adoption skyrocketing

  • Gain: Tokenized yields across DeFi, CeDeFi and Real-World Assets (RWAs)

Together, these solutions unlock $100B+ opportunities across Restaking, DeFi, CeDeFi, and RWAs.

🌟 Introducing $KERNEL token

$KERNEL will unify governance and incentives across Kelp, Kernel, and Gain, rewarding early supporters and driving ecosystem growth.

🌍 Join the revolution

Kernel isn’t just building infrastructure—it’s reshaping trust. Developers, degens, and institutions, this is your invitation to join the next frontier in Restaking and DeFi.

Follow our journey:📢 Twitter: @KelpDAO & @KernelDAO 💬 Telegram | Discord

The future of programmable trust starts here. Let’s build it together!

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