EigenLayer

a16z crypto has announced that it has spent $70 million to directly purchase @eigenlayer $EIGEN token, affirming its belief in the economic model surrounding EigenLayer’s token. Previously, a16z led a $100 million Series B round in February 2024, and together with Blockchain

a16z crypto has acquired $70 million worth of EigenLayer’s EIGEN tokens, building on its earlier lead role in Eigen Labs’ $100 million Series B round. The investment will support the rollout and commercialization of EigenLayer’s new developer platform, EigenCloud.

Top 7 Funding Rounds of This Week This week, @eigenlayer raised $70M via $EIGEN sale to @a16zcrypto, following the firm’s $100M Series B. Other notable investments include: @PrismaXai $11M @sparkchainai $10.8M @UnitsNetwork $10M @ubyx_ $10M @Gradient_HQ $10M @OfficialXFX $9.1M https://t.co/DN1yMqeJ3t

Top 7 Funding Rounds This Week 💰 1️⃣ @eigenlayer – Raised $70M via $EIGEN sale to @a16zcrypto, after a $100M Series B! Other hot rounds: 2️⃣ @PrismaXai – $11M 3️⃣ @sparkchainai – $10.8M 4️⃣ @UnitsNetwork – $10M 5️⃣ @ubyx_ – $10M 6️⃣ @Gradient_HQ – $10M 7️⃣ @OfficialXFX – $9.1M 🚀 https://t.co/eMsJH2xbbb