Liquid Restaking Protocol Puffer Raises $18M, Led by Brevan Howard, Electric Capital

🔸The round was led by hedge fund Brevan Howard and venture capital firm Electric Capital.

🔸Puffer, a liquid re-staking protocol, has successfully concluded an $18M funding round.

🔸The protocol aims to streamline staking in decentralized finance (DeFi), boosting returns for investors.

🔸Puffer will allow users to compound their earnings in a liquid way, creating a more efficient process.

🔸The protocol plans to launch in the second quarter of this year.

🔸Brevan Howard, an active DeFi investor, recently backed other crypto projects like Twin Finance and Solana.

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