Wormhole and Nuffle Labs to Launch Native Multichain Restaking

Twitter icon  •  Published 1 week ago on December 30, 2024  •  Hassan Maishera

On Friday, the Wormhole team announced via X that it has partnered with Nuffle Labs to launch native multichain restaking, starting with Eigen Layer as the first implementation.

Wormhole and Nuffle Labs to Launch Native Multichain Restaking

On Friday, the Wormhole team announced via X that it has partnered with Nuffle Labs to launch native multichain restaking, starting with Eigen Layer as the first implementation. This solution enables multichain staking without bridging assets while preserving native token functionality.

The integration leverages Wormhole’s message-passing capabilities and Nuffle’s NUFF Protocol to enable native multichain restaking without asset bridging, connect any Layer 1 or Layer 2 to EigenLayer’s AVSs, and enhance capital efficiency through rapid multichain finality.

With this integration, users can stake assets from any supported chain with a simplified process, access EigenLayer’s ecosystem beyond Ethereum, benefit from rapid multichain finality, and maintain native token properties across chains. 

Wormhole is a decentralized bridge between blockchains that enables the transfer of assets and data across different blockchain networks. It aims to facilitate interoperability and expand the capabilities of blockchain technology. W is trading at $0.2953, up 1% in the last 24 hours.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.