Odaily News Renzo, a liquidity re-staking protocol, announced the completion of $17 million in financing. As of press time, Renzo's re-staking TVL is close to $4 billion. The financing was divided into two rounds, the first led by Galaxy Ventures and the second by Abu Dhabi-based Nova Fund - BH Digital. Previously, Renzo also received $3.2 million in investment from Maven11, Figment Capital and Binance Labs. Renzo allows users to deposit native ETH, stETH and wBETH (LSTs) and access EigenLayer. The distributed Ethereum validator infrastructure run by Renzo is powered by Figment, P2P.org and Hashkey Cloud to enable unlimited participation on Eigenlayer. Renzo is accessible from Arbitrum, Base, Blast, Linea, Mode and BNB Chain, and has integrated more than 100 DeFi projects.