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Eigen Labs Launches EigenCloud with $70M Backing from a16z Crypto
Eigen Labs Launches EigenCloud with $70M Backing from a16z Crypto
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Eigen Labs has introduced EigenCloud, a platform designed to integrate blockchain-level trust into both Web2 and Web3 applications. The offering combines three Core components: EigenDA for data availability, EigenCompute for scalable computing tasks, and EigenVerify for dispute resolution. The launch targets developers seeking streamlined decentralized infrastructure.
Andreessen Horowitz''s crypto arm, a16z crypto, has committed $70 million in a direct token purchase to accelerate EigenCloud''s development and ecosystem adoption. The investment coincides with the platform''s alpha release, signaling strong institutional confidence in Eigen Labs'' technical roadmap.
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