Kraken Launches Restaking on Ethereum-Based Protocol EigenLayer

https://decrypt.co/286494/kraken-launches-restaking-on-ethereum-based-protocol-eigenlayer

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  1. tldr; Kraken has launched a new feature allowing customers to restake their staked ETH on the Ethereum network via the EigenLayer protocol, offering additional rewards. This initiative aims to make restaking more accessible and broaden investor access to yield-bearing opportunities. Kraken subsidiary Staked will act as the validator. The feature is not available to U.S. customers due to geographic restrictions. Restaking has seen significant growth, with the total value locked in liquid restaking tokens reaching $11 billion.

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