According to TechFlow, on October 16, Decrypt reported that the cryptocurrency exchange Kraken announced the launch of a re-staking service based on the Ethereum protocol EigenLayer for non-US users. The service allows users to re-stake their staked ETH on EigenLayer to earn additional income.
Mark Greenberg, head of global asset growth at Kraken, said the move is aimed at lowering the barrier to entry for investors and making re-staking more accessible to a wider range of customers. Kraken subsidiary Staked will serve as a validator for ETH re-staking. Users can choose to hold re-staking income on the Kraken platform or exchange it for fiat currency or other cryptocurrencies.