Kelp DAO

Kelp DAO is a triple income re-pledge protocol based on EigenLayer. rsETH is a Liquid Restaked Token (LRT) issued by Kelp DAO designed to offer liquidity to illiquid assets deposited into restaking platforms, such as EigenLayer. Kelp DAO was founded by Amitej G and Dheeraj B. The team is focused on building Liquid Restaking Solutions for public blockchain networks.

Key Info

News

There are no recent news for this organization.

Activity Timeline

Raised
$9.00M

at
$90.00M
valuation
from
Hypersphere Ventures
, Digital Asset Capital Management
, Sam Kazemian
, Scott Moore
, Laser Digital
, GSR
, SCB 10X
, DWF Labs
, HTX Ventures
, Marc Zeller
, Draper Dragon
, Cypher Capital
, Bankless
, Amrit Kumar
, and Saurabh Sharma
.
May 22, 2024

Team

Investments

Round	Amount Raised	Date	Investors
Token Round	Raised $9,000,000 at $90,000,000 valuation	May 22, 2024	Hypersphere Ventures Digital Asset Capital Management Laser Digital GSR SCB 10X DWF Labs HTX Ventures Draper Dragon Cypher Capital Bankless Sam Kazemian Scott Moore Marc Zeller Amrit Kumar Saurabh Sharma