TL;DR
EigenLabs (the group behind ‘restaking’ on ETH) simply copped a $100M test 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) clever phrases of Seb Lindner:
“Nothing says ‘the market has turned,’ like seeing important funding for Web3 tasks once more.“
Exhibit A:
EigenLabs (the large brains behind ‘restaking’ on Ethereum) simply copped a $100M test from a16z Crypto.
Why? Our guess is it’s as a result of:
They requested properly.
EigenLabs’ “EigenLayer” restaking protocol has already seen practically $8B value of funding from customers.
(☝️ Spectacular for a challenge that solely popped onto the scene just a few months again).
We like to see it!
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