EigenLayer Exposes EigenCloud and $70 Million Financial Investment from A16z

The Ethereum restaking procedure is broadening its development footprint with EigenCloud, created to supply trust and verifiability to applications both on-chain and off-chain.

Home News DeFi EigenLayer Exposes EigenCloud and $70 Million Financial Investment from A16z EigenLayer has actually unveiled its brand-new developer platform, EigenCloud, alongside a $70 million investment in EIGEN tokens from venture capital giant A16z. EIGEN Underperformance A16z, a tech-focused investment firm with $42 billion in assets under management, has doubled down on its EigenLayer position by buying $70 million worth of EIGEN from the Eigen Foundation. Related Posts EigenLayer to Make It Possible For Mainnet Slashing on April 17 EigenLayer Presents Permissionless Token Assistance EigenLayer Airdrop Claims Go Live Ad Get an edge in Crypto with our free daily newsletter Know what matters in Crypto and Web3 with The Bold Daily newsletter, Mon to Fri 90k+ Defiers informed every day.

Home News DeFi EigenLayer Exposes EigenCloud and $70 Million Financial Investment from A16z EigenLayer has unveiled its new developer platform, EigenCloud, along with a $70 million investment in EIGEN tokens from venture capital giant A16z. EIGEN Underperformance A16z, a tech-focused investment company with $42 billion in assets under management, has doubled down on its EigenLayer position by buying $70 million worth of EIGEN from the Eigen Foundation. Related Posts EigenLayer to Enable Mainnet Slashing on April 17 EigenLayer Introduces Permissionless Token Assistance EigenLayer Airdrop Claims Go Live Ad Get an edge in Crypto with our free daily newsletter Know what matters in Crypto and Web3 with The Bold Daily newsletter, Mon to Fri 90k+ Defiers informed every day.

Sam Boolman | Crypto Enthusiast and Writer

Sam Boolman is a contributing writer at ChainIntel.org with a long-standing interest in cryptocurrency, blockchain technology, and emerging financial trends. A self-directed trader who actively invests his own capital, Sam follows the markets closely and brings a hands-on perspective to the fast-paced world of crypto journalism. With a background in business and digital media, Sam has written across a variety of sectors including tech, startups, and online finance. His curiosity and enthusiasm for the evolving digital economy fuel his exploration of Web3, decentralised finance, and market developments. Sam is passionate about making complex topics more accessible to everyday readers and continues to expand his knowledge through research, trading experience, and industry engagement.

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