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Renzo Protocol
Seed Funding Round

Past 15 Jan - 16 Jan 2024

Renzo is a liquid ETH staking protocol built upon the EigenLayer staking protocol. It stands out by offering increased APR returns for liquid staking of ETH by combining rewards from Ethereum native staking and EigenLayer restaking, along with its own LST token in exchange for ETH - ezETH.

The governance of the Renzo staking protocol is powered by the native $REZ token, primarily allowing users to vote on DAO proposals within the platform.

On January 15, 2024, the company closed its Seed funding round, raising over $3.2M from Maven11 Capital, Figment Capital, IOSG Ventures, and others. However, the exact amount of tokens sold to the investors remains undisclosed. 

CoinLaunch Score: Last update:
High 24 Apr 2024

Renzo Protocol - Seed Funding Round  Overview

start date: 15 Jan 2024
end date: 16 Jan 2024
price: N/A
tokens for sale: N/A
Raise: $3,200,000
Min. Buy: N/A
Max. Buy: N/A
Industry: Blockchain Service
Lock-up:

12 months cliff, then ~8.3% unlocked every month.

More about Renzo Protocol

Renzo Protocol - Seed Funding Round Funds and Backers
(3/4)

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SevenX Ventures Logo
SevenX Ventures
Score: Medium
17 numbers of
investment
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IOSG Logo
IOSG Ventures
Score: High
13 numbers of
investment
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13 numbers of
investment
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