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a16z invests $100 million in Ethereum protocol EigenLayer
    Posted on 02/23/2024
a16z has invested $100 million in Ethereum restaking protocol EigenLayer. The startup founded by former University of Washington associate professor Sreeram Kannan raised $50 million in March. EigenLayer has a TVL of $7.84 billion, up from $2.15 billion on February 5, 2024. Venture firm Andreessen Horowitz (a16z) has invested $100 million in EigenLayer, a startup […]
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