Foresight News reports that the BNB Chain ecosystem's re-staking infrastructure Kernel has announced it raised a total of $10 million in multiple rounds of financing, with investors including Binance Labs, SCB Limited, Laser Digital, Bankless Ventures, Hypersphere, Draper Dragon, DACM, CYPHER, ArkStream Capital, HTX Ventures, Avid VC, GSR, Cluster Capital, Longhash Ventures, Via BTC, Side Door Ventures, NOIA, and DWF Labs.
Kernel includes three DeFi products: the cross-chain re-staking infrastructure Kernel on BNB Chain (mainnet launching soon), the liquidity re-staking protocol Kelp on Ethereum, and the RWA tokenized yield protocol Gain. Kernel states that the KERNEL token will unify the governance and incentive mechanisms of Kelp, Kernel, and Gain, rewarding early supporters and promoting the development of the ecosystem.
