Andreessen Horowitz (a16z) has invested $100 million in the restaking project EigenLayer, as reported by Bloomberg. This investment is part of a funding round that raised a total of $164.50 million. EigenLayer, which focuses on crypto restaking, attracted the venture capital firm's interest through its crypto fund, marking a16z as the sole backer in this latest round. An interview with Sreeram Kannan from EigenLayer is scheduled to be released next week on theBlockcrunch.
Venture capital giant Andreessen Horowitz invested through its crypto fund. https://t.co/2oe0et2hfY
Here's why Andreessen Horowitz is betting $100 million on crypto restaking. https://t.co/wkZJPorSiP
Eiganlayer raises $100mn from a16z, sole backer in the latest round of funding. @deepnftvaluebot https://t.co/je7S0ly6iM
Didn't know @eigenlayer $100M round announcement would drop when I posted this 😂 Interview out next week with @sreeramkannan on @theBlockcrunch https://t.co/Bwua6SsGcn
Andreessen Horowitz invests $100 million in restaking project EigenLayer: Bloomberg https://t.co/B9U4w6LiGS
Andreessen Invests $100 Million in #EigenLayer Total raised: $164.50M 🔥 https://t.co/AWt7PN40Nz