Jun 17, 2025
Coins
EigenLayer Gets $70M From a16z to Launch Off-Chain Verifiability Platform
For years, blockchain developers have faced a frustrating limitation: their applications could only verify what happened on the blockchain itself. Everything else, from AI computations to real-world data, remained trapped in a trust vacuum. Now, EigenLayer believes it has cracked the code. The Ethereum restaking protocol announced on Tuesday that venture capital giant Andreessen Horowitz has invested an additional $70 million to launch EigenCloud, a platform that extends blockchain's verificati...
Oct 16, 2024
Business
Kraken Launches Restaking on Ethereum-Based Protocol EigenLayer
Kraken's customers can now restake their already-staked ETH on the Ethereum network and earn additional rewards through projects on the decentralized finance protocol EigenLayer. The new feature aims to broaden investor access to yield-bearing opportunities on-chain, making restaking "more accessible to a broader range of clients," Kraken said in a statement on Tuesday. Kraken subsidiary Staked, an EigenLayer operator, has been tapped as the validator for ETH restaked. Users participating in res...
Sep 5, 2024
Coins
Ethereum Restaking Protocol EigenLayer Handing Out 86 Million More Tokens
The Eigen Foundation, the organization behind Ethereum restaking protocol EigenLayer, is launching another airdrop rewards wave. In a Thursday post, the Foundation said that a total of approximately 86 million tokens will be released from September 17 in its “stakedrop” and go to users and contributors who have actively helped the project. The “Season 2 stakedrop” will dish out 70 million tokens to those who staked and operated nodes. Ecosystem partners and the EigenLayer community will receive...