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Reformulating is evolving. What started as an Ethereum-Native Capital Efficiency Game now transforms into a cross-chain economic coordination layer that spans protocols, assets and use cases.
Symbiotic today announced a Serie A of $ 29 million, led by Pantera Capital, to launch its universal deployment framework. The move goes to supporting an activum that protects each network – L1 or L2, modular or integrated. Symbiotic is active on 14 networks, a number that are expected to be more than double in the coming months, so that programmable sloping stripes, cross-chain composition and new financial primitives such as inserted insurance and “structured risk products” offers.
“This is not a pivot, it is an expansion-a natural progression of the vision we started with,” Symbiotic Misha Putiatin told Blockworks. “From the start we have focused on building a flexible coordination layer that supports a wide range of use cases.”
While self-layer Ethereum-Centric remains, with repeated built mainly via Eth-Native Validators and liquid reinforcement sticks (LSTs), Symbiotic is expanding the model about networks and colland types of non-EVM-Activa and Modular AVS’s can coordinate the rule under an uniforme.
Of course, Eigenlayer is not standing still. Last week, his own Labs Slashing activated on MAINNET – the last part of his original route map. In terms of scale it is from the front. It even launched his own marketing agency. More than 190 AVSS (actively validated services) are now building on your own, including heavyweights such as Layerzero and Infura. With the now running, these services can maintain performance garages that are supported by economic fines.
Echtenlaer -founder Sreeram Kannan called it “the next phase in our mission to transform Ethereum’s trust into a programmable primitive.”
Since Eigenlayer cemented his role if the trust market of Ethereum cementes, other players are expanding the repairing model in new directions. For example, Puffer Finance came out earlier this week with the use of and recovering safes for institutions. Designed for asset managers, DAOS and Custodians, Puffer’s Platform ETH deployment combines Eigenlaer AVs together in a-ready-ready framework. Functions include validation finding, recording policy and modular configuration of repairing exposure.
In the meantime, Moremarkets – formerly Nuffle Labs – uses repeat infrastructure to unlock the usefulness for previously Siled Assets such as XRP, ADA and Doge. By integrating with Wormgat and AVS-Layer statements, Moremarkets enables users or offer liquidity directly from their origin chain.
