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Ethereum's re-staking protocol EigenCloud has completed a $70 million financing round, led by a16z.
Golden Finance reports that Eigen Labs has announced the launch of the Ethereum re-staking protocol EigenCloud, which has completed a $70 million financing round led by a16z. This is a platform aimed at extending blockchain-level trust assurance to any Web2 or Web3 application, and the use of EigenCloud will create new fee streams to support stake rewards. It is reported that the Alpha version release of EigenCloud will synchronize with the performance upgrade of EigenDA, achieving a throughput of 50MB per second on the Ethereum test network. In addition, EigenCloud has also released a gated preview version of EigenVerify, aimed at resolving disputes in off-chain systems such as AI agents or prediction markets.