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ETH $2,454.32 +5.84%
BNB $678.23 +3.73%
XRP $1.38 +10.47%
SOL $92.76 +6.03%
TRX $0.3416 +0.47%
DOGE $0.0883 +10.19%
ADA $0.2212 +12.26%
BCH $288.20 +30.75%
LINK $11.97 +13.13%
HYPE $76.16 +2.69%
AAVE $117.96 +20.93%
SUI $0.8249 +12.75%
XLM $0.1947 +7.92%
ZEC $720.93 +25.08%

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

2024-05-01 20:13:55

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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