Venture capital giant Andreessen Horowitz (a16z) has thrown its weight behind the Ethereum restaking project EigenLayer, investing $100 million in a Series B funding round.
(Bloomberg) Venture firm Andreessen Horowitz invested $100 million in crypto startup EigenLayer, suggesting that some of the industry’s top backers are still betting on blockchain despite a steep downturn in crypto venture funding.Most Read from BloombergNvidia Set for Biggest Gain in Nine Months as AI Drives SalesBiden Touts $1.2 Billion in Student Loan Relief With Eye to 2024China Tightens Grip on Stocks With Net Sale Ban at Open, CloseYour 401(k) Will Be Gone Within a DecadeShe Was Set to
a16z invests $100 million in EigenLayer — report cointelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cointelegraph.com Daily Mail and Mail on Sunday newspapers.