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The Daily Hodl 2024-02-23 21:00:53

Venture Capital Giant Andreessen Horowitz Pumps $100,000,000 Into Team Behind Ethereum Restaking Protocol

Venture capital giant Andreessen Horowitz has invested $100 million in the development team behind EigenLayer, a restaking protocol built on Ethereum (ETH). Ali Yahya, a general partner at Andreessen Horowitz (also known as a16z), predicts that the EigenLayer will expand Ethereum’s capabilities. “EigenLayer is a set of smart contracts on Ethereum that creates a two-sided The post Venture Capital Giant Andreessen Horowitz Pumps $100,000,000 Into Team Behind Ethereum Restaking Protocol appeared first on The Daily Hodl .

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