Close Menu
AlexaBlockchain
  • News
  • Press Releases
    • Submit Press Release
  • Adoption
  • Funding
  • Interview
  • Policy
  • Explained
    • Bitcoin Halving 2024: Will it Trigger the Next Bull Run?
    • Everything You Wanted to Know About Bitcoin But Were Too Afraid To Ask
    • Cryptocurrency: what makes it so popular?
    • Top Five Crypto Scams And How To Avoid Them
    • Cloud Mining Explained
    • What are NFTs?
    • What is a Web3 Browser?
    • How To Build High Quality Crypto Backlinks
  • About
  • Advertise
  • Trending
    • #BitcoinHalving
    • #CloudMining
    • #Web3.0
    • #Metaverse
    • #NFTs
    • #PlayToEarn
    • #DeFi
    • #BlockchainTechnology
    • #Bitcoin
    • #Cryptocurrency
    • #DigitalAssets
Facebook X (Twitter) Instagram
Thursday, August 14
  • Advertise
  • Crypto PR
  • Partner
  • Submit Press Release
  • Contact Us
X (Twitter) Facebook LinkedIn Instagram
AlexaBlockchain
Banner
  • News
  • Press Releases
    • Submit Press Release
  • Adoption
  • Funding
  • Interview
  • Policy
  • Explained
    • Bitcoin Halving 2024: Will it Trigger the Next Bull Run?
    • Everything You Wanted to Know About Bitcoin But Were Too Afraid To Ask
    • Cryptocurrency: what makes it so popular?
    • Top Five Crypto Scams And How To Avoid Them
    • Cloud Mining Explained
    • What are NFTs?
    • What is a Web3 Browser?
    • How To Build High Quality Crypto Backlinks
  • About
  • Advertise
  • Trending
    • #BitcoinHalving
    • #CloudMining
    • #Web3.0
    • #Metaverse
    • #NFTs
    • #PlayToEarn
    • #DeFi
    • #BlockchainTechnology
    • #Bitcoin
    • #Cryptocurrency
    • #DigitalAssets
AlexaBlockchain
You are at:Home » Binance Labs Backs Kernel to Drive Restaking and DeFi Innovation on BNB Chain
Investment & Funding

Binance Labs Backs Kernel to Drive Restaking and DeFi Innovation on BNB Chain

Ravi KumarBy Ravi KumarNovember 25, 2024Updated:November 25, 2024No Comments2 Mins Read
Twitter Facebook LinkedIn Reddit Email WhatsApp
Binance Labs Invests in Kernel to Drive Restaking Innovation on BNB Chain
Binance Labs Invests in Kernel to Drive Restaking Innovation on BNB Chain
Share
Twitter Facebook LinkedIn Pinterest Reddit Telegram Email WhatsApp

Binance Labs has made an investment in Kernel, a restaking infrastructure project aiming to reshape the BNB Chain ecosystem. Kernel’s technology enables BNB’s security to be transformed into programmable trust, fostering the development of decentralized applications (dApps) and middleware with shared economic security.

The project capitalizes on the growing interest in restaking, a mechanism that has gained momentum within Ethereum but remains underexplored on other layer-1 blockchains. Kernel is addressing this gap by launching restaking infrastructure on BNB Chain, utilizing BNB Liquid Staking Tokens (LSTs) and restaked BNB as economic security to support decentralized finance (DeFi) innovation.

Kernel has already partnered with over 20 dApps, including the decentralized AI coprocessor Mira and ZK proof aggregation protocol Electron. Collaborations with platforms like ListaDAO, Solv, and YieldNest aim to expand the utility of restaked assets, with future plans to integrate BTC and other yield-bearing assets into its economic security framework.

“Kernel exemplifies the type of innovative project that aligns with Binance Labs’ mission to bring more users onto Web3 by supporting meaningful technology and advancing the ecosystem,” said Alex Odagiu, Investment Director at Binance Labs.

Kernel’s strategy extends beyond BNB Chain, with ambitions to integrate across additional layer-1 blockchains. The platform’s approach—enhancing the utility and capital efficiency of staking tokens—provides a foundation for developers to create scalable projects while maximizing asset utility for users.

Amitej G., Co-Founder of Kernel, highlighted the broader vision: “We’re not just growing the restaking space; we’re unlocking new dimensions of utility and resilience for BNB-based assets.”

By supporting Kernel, Binance Labs signals its commitment to fostering innovations that drive scalability, security, and value creation across the Web3 ecosystem.

Read Also: BounceBit Raises $6M Seed Funding for BTC Restaking

Binance Labs DeFi Staking
Share. Twitter Facebook LinkedIn Reddit Pinterest Tumblr Telegram Email WhatsApp
Ravi Kumar
  • X (Twitter)
  • LinkedIn

Ravi is Founder and Chief Content Officer of AlexaBlockchain. He writes about everything at the cross-section of blockchain, crypto, AI, markets, and the economy. Ravi can be reached at ravi@alexablockchain.com

More AlexaBlockchain

MANTRA Secures $20M from Inveniam to Scale Private RWA Tokenization

August 5, 2025

Amber Group Leads $10M Investment in GAIB to Accelerate Tokenized AI Compute Economy

July 29, 2025

Cathie Wood’s ARK Invest Taps SOL Strategies for Solana Staking

July 28, 2025

Dakota Raises $12.5M Series A Led by CoinFund

July 15, 2025

Maple Finance Adds weETH as Collateral

June 30, 2025

Veda Raises $18M to Scale Its Vault Infra

June 23, 2025
Add A Comment

Comments are closed.

Don't Miss

XYO Lands on kraken After Reporting $9M Revenue

YEET Hits $300M in Volume, Becomes One of Crypto’s Fastest-Growing Casinos

Solana Expands Stablecoin Payment Reach Through BitPay Integration

Crypto Meets Culture as Bitget Lights Up UNTOLD Festival

Trending Topics
  • Blockchain News
  • Blockchain Technology
  • Blockchain Platforms
  • Blockchain Regulation
  • Bitcoin News
  • Ethereum News
  • Ripple News
  • Tezos News
  • CBDC
  • NFTs
Featured Companies
  • Binance
  • Tech Mahindra
  • Huobi
  • Efforce
  • Future FinTech Group
  • SuburbanColors
  • Launchpool Labs
  • Lucky Crab Club
  • SIMBA Chain
  • Bulldog Law
Stay Updated
  • Events
  • Newsletters
  • Follow
  • Follow on Google News
  • Blockchain Directory
Get In Touch
  • Crypto PR
  • Advertise
  • Partner
  • About
  • Masthead
  • Careers
  • Write for Us
  • Submit Press Release
  • Submit Guest Post
  • Contact US
Copyright © 2025. AlexaBlockchain
  • About
  • Advertise
  • Crypto PR
  • Submit Press Release
  • Write for Us
  • Careers
  • Privacy Policy
  • Affiliate Disclosure
  • Disclaimer
  • Contact

Type above and press Enter to search. Press Esc to cancel.