A16Z Bets on EignLayer again with the launch of a $ 70 million code to subscribe to “EignCloud”

EignCloud said on Tuesday that the A16Z investment capital has invested an additional $ 70 million in Eigenlayer, the largest re -recovery protocol in ETHEREUM, to support Eigencloud, a new platform that provides “checking the service as a service” for developers.

The investment follows $ 100 million from A16z Series b In Eigen Laborators in February 2024, it emphasizes its commitment to the project through the IV encryption box.

eignlayer Currently gets more than $ 12 billion of comfortable assets.

EignCloud allows developers to build unreasonable applications that operate outside the chain while establishing confidence and payments on Ethereum Blockchain.

Companies such as Securitize Eign Buidl Fund from Blackrock 2 billion dollars.

Companies said the statute provides new services, eignverify to solve conflicts and eigncomcompute for implementation from abroad, along with the current AVSS such as Eigenda data.

By converting the ability to verify the primitive with a programmable cloud, EignCloud target sectors such as artificial intelligence, media, betting markets and institutions programs, as it aims to open a new wave of encrypted and integrated Web2 applications.

“EignCloud will enable the next generation of large markets with large markets, leading to bridging the gap between what developers want to build onshin and what Blockchains allows them to build,” said Saraym Kanan, CEO of Eigen Labs.

Alpha includes performance promotions, disputes, and a developer road map for gradual access.

Read more: Protocol: Eigenlayer is ready to launch a missing feature