According to ChainCatcher, the liquidity re-pledge agreement YieldNest announced that it has completed a new round of financing of US$5.2 million, with Faculty Group, Backed VC, Proof of Capital, Rana, Mozaik Capital, Contango Digital Assets, LVT Capital, Insignius Capital, and a group of angel investors participating.

YieldNest is a liquidity re-hypothecation protocol powered by EigenLayer that provides a simplified, risk-adjusted liquidity re-hypothecation strategy, providing users with controlled investment exposure to the AVS category.