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Eigen Labs Launches EigenCloud Platform With $70M From a16z

The alpha platform offers blockchain-grade verification for Web2, Web3, AI applications via a unified suite featuring data availability, compute operations, dispute-resolution tools

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Overview

  • Andreessen Horowitz injected $70 million into Eigen Labs’ new EigenCloud offering, adding to its prior $100 million Series B investment
  • EigenCloud’s alpha release debuts performance upgrades for its data availability layer and grants limited access to its dispute-resolution service
  • The platform leverages EigenDA, EigenCompute and EigenVerify to extend cryptographic proof guarantees to off-chain, Web2 and AI workloads
  • Financial services firm Securitize will employ EigenCloud to verify asset pricing for BlackRock’s $2 billion BUIDL tokenized fund in one of the first enterprise uses
  • EigenLayer’s restaking protocol underpins over $12 billion in ether across 200+ Autonomous Verifiable Services, with slashing confined to individual services to prevent systemic risk