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EigenLayer raises $50m in Series A funding

Seatlle based ethereum restaking protocol raised $50m in Series A funding led by Blockchain Capital. 

"We started working on EigenLayer in the hopes of creating a new model, in which developers can easily consume trust, instead of needing to build trust, and design powerful systems of assurances that make the crypto ecosystem safer and more useful," said Kannan in the release.

Tags

eth, staking, crypto