LYS Labs Secures $4 Million in Funding on August 19, 2025

According to industry sources, LYS Labs secured $4 million in funding on August 19, 2025. Investors in this round include Alchemy Ventures, Frachtis, Auros Ventures, as well as prominent individuals such as Forest Bai, Scott Moore, Michael Heinrich, Piers Kicks, Bruce Pon, and John Lilic. To date, LYS Labs’ total funding has reached $4 million.LYS Labs is an innovative project focused on optimizing staking and restaking processes within the cryptocurrency sector. Its core product is a liquidity modal derivative (LMD) built on Ethereum, realized through a new financial instrument called whyETH. The protocol is distinguished by its seamless integration with major staking service providers and restaking platforms, and is strongly supported by the EigenLayer restaking protocol.As the DeFi sector continues its rapid growth, staking and restaking have become key methods for users to generate returns. LYS Labs’ innovative solutions not only enhance capital efficiency but also offer users greater flexibility in staking options. This funding round will further advance LYS Labs’ product development and market expansion, potentially creating new opportunities in the cryptocurrency staking market.