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News Explorer — EigenLabs Raises $50 Million to Improve Ethereum's Infrastructure With EigenLayer

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Mar 28, 4:05 pm
Fortune

EigenLabs Raises $50 Million to Improve Ethereum's Infrastructure With EigenLayer

EigenLabs, a company aiming to make Ethereum as fast and flexible as centralized networks, has announced a $50 million funding round led by Blockchain Capital. Other investors include Coinbase Ventures, Polychain Capital, Electric Capital, Hack VC, and Finality Capital Partners. EigenLayer, the company's flagship product, is a potential solution to blockchain's infrastructure crisis, allowing developers to choose which nodes run which parts of an application's code.

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