Web3Port Foundation is excited to announce a strategic investment in Pell Network, Pell is the first omnichain AVS network that empowers cryptoeconomic security for all decentralized infrastructures with BTC LSD restaking.

Pell plugs the gap in ecosystem security, reduces cost to build decentralised applications and offers passive income for BTC holders. Pell aims to become the largest shared liquidity and cryptoeconomic security platform across all blockchain ecosystems and market cycles.

Pell lets you restake tokens from many networks. And Pell is a meticulously designed multi-layered restaking network that offers an excellent user experience, clear role division, and a closed-loop business logic chain. Pell extends the cryptoeconomic security of BTC and its LSD to additional applications through multiple coordinated components.

Currently, Pell’s restaking protocol is deployed on Bitlayer, BNB Chain, BounceBit, B² Network, Merlin Chain and Core with over $190m TVL. We are expanding our ecosystem’s and seeking to work with more L1s/L2s, decentralized infrastructure projects/protocols and BTC holders.

By leveraging the Web3Port Foundation investment in Pell Network to accelerate project growth, this strategic partnership underscores our commitment to advancing technology and providing cutting-edge tools that enable users to navigate the ever-changing digital landscape.

About Pell Network

Pell is the first omnichain AVS network that empowers crypto-economic security for all decentralized infrastructures with BTC LSD restaking. Pell plugs the gap in ecosystem security, reduces cost to build decentralised applications, and offers passive income for BTC holders. Pell aims to become the largest shared liquidity and crypto-economic security platform across all blockchain ecosystems and market cycles.

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About Web3Port Foundation

Web3Port Foundation is an international multi-stage technology investment platform. The Web3Port foundation is divided into a primary fund of $100 million and a secondary fund of $1 billion that backs and amplifies leading blockchain-enabled solutions to build businesses that are truly differentiated across all markets.

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