According to Wu, since the launch of Private Access on April 9, the TVL of the Restaking protocol Karak Network has reached $115 million. Karak supports restaking of three networks, Ethereum, Arbitrum and Karak, as well as stablecoins such as USDC. In addition, Karak also supports the acquisition of Eigen Layer points. It is worth noting that Andalusia Labs, the company behind Karak, has completed a $48 million financing in December last year, with a valuation of more than $1 billion.