The venture firm’s direct purchase of EIGEN tokens indicates alignment with EigenLayer’s token-centric economic model as EigenCloud usage will create new fee flows that can support staking rewards.
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Eigen Labs Raises $70 Million From A16z For Ethereum Restaking
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Andreessen Horowitz (a16z) has shown a strategic investment trajectory in EigenLayer, beginning with a $100 million Series B in February 2024 and followed by a $70 million EIGEN token purchase, reflecting long-term commitment to the project’s token-driven restaking infrastructure through its Crypto Fund IV
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