According to TechFlow, Coindesk reported that four people familiar with the matter said that the Solana infrastructure project Jito is building a SOL re-staking service.
“There’s a lot of hype about this right now. It’s a bit like a gold rush,” said Lucas Bruder, chief executive of Jito Labs, who declined to comment on his company’s plans.
A CoinDesk investigation found more than a half-dozen teams quietly building Solana restaking services. Cambrian is one of them, and Cambrian founder Gennady Evstratov said his team of seven is finalizing a $2.5 million funding round.
Three investors said the round was valued at about $25 million. Another project planning to launch Solana restaking, Solayer Labs, is looking to raise $8 million at an $80 million valuation in a seed round led by Hack VC, three venture investors familiar with the situation said.
Rachel Chu of Solayer Labs said the two-month-old startup has raised nearly $10 million, with investment from Solana co-founder Anatoly Yakovenko.
