Kernel has achieved a major milestone by securing funding from Binance Labs, establishing itself as a key player in restaking infrastructure on the BNB Chain. This development marks a significant step forward in transforming BNB’s economic power into programmable trust, which benefits decentralized applications (DApps), middleware, and the entire cryptocurrency ecosystem.

Kernel successfully raised $10 million in funding through multiple rounds, backed by renowned investors such as SCB Limited, Laser Digital, Bankless Ventures, Hypersphere, Cypher Capital, Draper Dragon, ArkStream Capital, DACM, HTX Ventures, Avid VC, GSR, Cluster Capital, Longhash Ventures, Via BTC, Side Door Ventures, NOIA, and DWF Labs. With this support, Kernel is excited to continue its journey and redefine what’s possible with restaking technology.

While restaking has already made waves on Ethereum, Kernel is introducing this groundbreaking innovation to the BNB Chain. By doing so, it is unlocking a new level of decentralized and scalable trust for the ecosystem. With Binance Labs backing them, Kernel is leading the way in advancing restaking on BNB Chain and beyond.

Since its inception, Kernel has made significant strides in shaping the future of DeFi (decentralized finance) through its three flagship products. Together, these solutions are poised to unlock over $100 billion worth of opportunities across restaking, DeFi, CeDeFi (centralized-decentralized finance), and RWAs (real-world assets). Kernel’s vision focuses on unifying governance and incentives across its ecosystem—Kelp, Kernel, and Gain—to reward early supporters and foster ecosystem growth.

Kernel’s initial launch on BNB Chain will utilize BNB liquid staking tokens (LSTs) and restaked BNB as economic security to fuel DeFi innovation. Future plans include integrating Bitcoin (BTC) and its derivatives into the restaking framework. Already, over 20 DApps—including the decentralized AI coprocessor Mira and ZK-proof aggregation protocol Electron—are set to leverage Kernel’s economic security model.

Additionally, several projects like ListaDAO, Solv, and YieldNest are collaborating with Kernel to increase the utility of restaked assets. Over time, Kernel plans to expand its operations to other layer-one blockchains, providing strong economic security and fostering the growth of cutting-edge applications.

Kernel’s technology integrates native and liquid staking tokens from BNB, BTC, and other yield-generating assets to enhance their utility and capital efficiency. By creating a shared economic security ecosystem, Kernel helps developers launch projects more easily while offering users more ways to make the most out of their assets. This approach lowers barriers for protocols and fosters a developer-friendly environment that encourages innovation in both restaking and DeFi.

Kernel’s ultimate goal is to provide a secure and scalable foundation for developers to build projects efficiently while enabling users to unlock higher rewards. This vision aligns perfectly with Binance Labs’ mission to bring more people into Web 3.0 by advancing meaningful technologies that drive ecosystem growth.

According to Alex Odagiu, investment director at Binance Labs, Kernel is an excellent example of an innovative project that supports scalability and utility for BNB-based assets while paving the way for a robust restaking and DeFi ecosystem.

Amitej Gajjala, co-founder of Kernel, expressed his excitement about having Binance Labs’ support in realizing the vision of restaking within Web 3.0. He emphasized that this partnership is just the beginning of what Kernel aims to achieve in expanding the utility and resilience of BNB-based assets.

Kernel isn’t just building technology; it’s reshaping how trust works in the decentralized world. With expertise in DeFi and restaking—backed by a track record of scaling products to over $1.3 billion in total value locked (TVL)—Kernel is paving the way for a brighter future in blockchain innovation.

By making it easier for protocols to get started and enabling users to maximize their rewards, Kernel empowers developers to build faster and more efficiently while driving growth across its ever-expanding ecosystem of projects. With over 25 projects already onboarded—and counting—Kernel is revolutionizing the way staking and DeFi work on the BNB Chain and beyond.

Follow their progress through their official channels and stay tuned as they continue to push boundaries in the world of restaking and decentralized finance!