The institutional-grade staking platform Kiln launches restaking services on EigenLayer through Ledger Live

ChainCatcher news, according to The Block, the Ethereum staking platform Kiln has enabled LST re-staking on EigenLayer through Ledger Live. Kiln stated that this allows over 1.5 million users of Ledger Live to re-stake on EigenLayer for the first time via the wallet application.

Previous report, in January this year, the Ethereum staking platform Kiln completed a $17 million financing round, led by 1kx, with participation from IOSG, Crypto.com, Wintermute Ventures, KXVC, and LBank. This new round of financing is an extension of Kiln's $17.6 million Series A financing announced in November 2022.