We're excited to back @eigencloud on its $50M Series A round.
Founded by @sreeramkannan - EigenLayer is a protocol built on Ethereum that enables users to re-stake (automatically) and extend cryptoeconomic security by validating applications on the network.
Happy to announce that EigenLabs, the team behind the initial development of the EigenLayer protocol, has raised $50 million in a Series A round led by @bcap
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