TL;DR
-
EigenLabs (the crew behind ‘restaking’ on ETH) simply copped a $100M examine from a16z Crypto, signaling that the market has turned.
Full Story
A brief n’ candy story to cap off the week?
Say. no. extra.
Within the (self proclaimed) sensible phrases of Seb Lindner:
“Nothing says ‘the market has turned,’ like seeing vital funding for Web3 initiatives once more.“
Exhibit A:
EigenLabs (the large brains behind ‘restaking’ on Ethereum) simply copped a $100M examine from a16z Crypto.
Why? Our guess is it’s as a result of:
-
They requested properly.
-
EigenLabs’ “EigenLayer” restaking protocol has already seen almost $8B price of funding from customers.
(☝️ Spectacular for a challenge that solely popped onto the scene a couple of months again).
We like to see it!