The blockchain-focused arm of Andreessen Horowitz, a16z crypto, has purchased an additional $70 million worth of EigenLayer's EIGEN tokens to help support the launch of the Ethereum restaking project's new developer platform, EigenCloud.
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a16z crypto invests $70 million in direct EigenLayer token deal to back EigenCloud developer platform rollout
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Eigen Labs has launched EigenCloud, a decentralized developer platform built on its Ethereum restaking protocol, with support from a $70 million EIGEN token investment by Andreessen Horowitz (a16z)
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