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XLM $0.1994 -0.94%
ZEC $454.82 +0.11%

Insiders: Jito and 6 other projects plan to launch Solana re-staking services

2024-05-01 20:13:55
Collection

ChainCatcher news, according to Coindesk, four insiders say that the Solana infrastructure project Jito is building a SOL re-staking service.

Jito Labs CEO Lucas Bruder stated, "There is a lot of hype around this right now. It's a bit like a gold rush." However, he declined to comment on his company's plans.

According to a CoinDesk survey, more than 6 teams are quietly building Solana re-staking services. Cambrian is one of them, and Cambrian founder Gennady Evstratov mentioned that his seven-person team is finalizing a $2.5 million funding deal.

Three venture capitalists familiar with the situation said that another project planning to launch Solana re-staking, Solayer Labs, is currently looking to raise $8 million in a seed round led by Hack VC at a valuation of $80 million.

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