Ethereum restaking protocol Kelp completes $9 million token financing at $90 million valuation, led by SCB Limited and Laser Digital

Kelp, the Ethereum repledge protocol, announced the completion of the $9 million token financing at a valuation of $90 million, led by SCB Limited and Laser Digital (Nomura's cryptocurrency division), with participation from Bankless Ventures, Hypersphere Ventures, Draper Dragon, DACM, Cypher Capital, GSR, HTX Ventures, and DWF Ventures. Additionally, angel investors such as Scott Moore of Gitcoin, Sam Kazemian of Frax Finance, Marc Zeller of Aave Chan Initiative, Saurabh Sharma of Jump Crypto, and Amrit Kumar of AltLayer also participated in the round.