The re-staking protocol Inception built on EigenLayer announced it will cease operations.

BlockBeatNews

2025-07-11 14:18:31

BlockBeats news, on July 11, the re-staking protocol Inception built on EigenLayer announced that it will cease operations. The announcement stated that Inception has not found a suitable product market fit in the past two years. In addition, the lack of liquidity rewards in shared security has made the path forward for the protocol difficult. In January of this year, Inception announced the completion of a $3.5 million seed round financing, with participation from London Real Ventures, Gallet Capital, Metazero Capital, Kinetic Kollective, Zephyrus Capital, DSRV, Dewhales, Connectico Capital, Unreal Capital, and Absoluta Digital.

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