Wormhole, EigenLayer, and NEAR-Focused Nuffle Labs Partner to Expand Restaking Beyond Ethereum!

In a significant development for the cryptocurrency industry, Wormhole, EigenLayer, and NEAR-focused Nuffle Labs have announced a partnership to extend restaking functionality beyond the Ethereum ecosystem. This collaboration aims to leverage Wormhole's message-passing architecture and Nuffle's NUFF protocol to enable native multichain restaking without the need for asset bridging.

The new solution will allow users to stake assets directly from any Layer 1 or Layer 2 blockchain, enhancing capital efficiency and reducing liquidity fragmentation. By integrating EigenLayer's staking infrastructure, the partnership seeks to create a unified liquidity pool across multiple networks, providing seamless access to EigenLayer's ecosystem of Actively Validated Services (AVSs).

Nuffle Labs, a spin-off venture from the NEAR Foundation, is developing modular blockchain technology to scale the ecosystem, including the NEAR Data Availability Layer and NEAR Fast Finality Layer. This partnership will make all tokens provided through Nuffle's infrastructure available to AVSs built on EigenLayer's shared security framework.

This initiative marks a new chapter for multichain staking, simplifying the user experience while maintaining robust security. The testnet for this integration is scheduled to launch in the coming months, paving the way for truly native multichain staking capabilities.

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