A16z backs EigenLayer's EigenCloud rollout with $70 million EIGEN investment

EigenLayer has introduced a new platform called EigenCloud, designed to bring verifiability and transparency to both blockchain-native and traditional applications. The launch, announced on June 17...

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A16z backs EigenLayer's EigenCloud rollout with $70 million EIGEN investment

Source: CryptoSlate

EigenLayer has introduced a new platform called EigenCloud, designed to bring verifiability and transparency to both blockchain-native and traditional applications. The launch, announced on June 17 in a statement shared with CryptoSlate, introduces a unified system that leverages the power of EigenLayer’s ecosystem, including its native EIGEN token. Eigen Labs CEO Sreeram Kannan stated that […]