Peter Thiel's Founders Fund led a $13.2 million seed funding round into Lagrange Labs, a crypto startup based on Ethereum's EigenLayerrestaking platform.

As EigenLayer continues to build out its core technology, Lagrange will have "a collection of operators from very, very reputable groups running our infrastructure," Hishon-Rezaizaheh said. Those operators will include Kraken, a cryptocurrency exchange, and Galaxy, a crypto finance company, among others.

In addition to the Founders Fund, Lagrange's seed round included participation from Archetype Ventures, 1kx, Maven11, Fenbushi Capital, Volt Capital, CMT Digital, Mantle and Ecosystem

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