Liquid Restaking Protocol Puffer Raises $18M, Led by Brevan Howard, Electric Capital

Apr 16, 2024

Liquid restaking protocol Puffer has raised $18 million in a Series A funding round, the company said Tuesday.

The round was led by Brevan Howard Digital and Electric Capital, with investments from Coinbase Ventures, Kraken Ventures, Lemniscap, Franklin Templeton, Fidelity, Mechanism, Lightspeed Faction, Consensys, Animoca and GSR, the company said in a press release.

The fresh round of capital will be used to help launch Puffer’s mainnet. Prior to this, Puffer raised $5.5 million in a funding round co-led by Lemniscap and Lightspeed Faction.

This article is for informational purposes only. It is not offered or intended to be used as investment or other advice.

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