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EigenLayer Expands Its Product Offering with EigenCloud

Summary by observers.com
EigenLayer has officially launched EigenCloud, a major new addition to its product lineup, alongside a $70 million investment in EIGEN tokens from a16z. 💡EigenLayer is a protocol built on Ethereum that introduced the concept of restaking, allowing users to reuse their staked ETH (or liquid staking tokens like stETH) to secure additional services beyond Ethereum itself. This creates a shared security layer that new protocols and services—such as…
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observers.com broke the news in on Friday, July 4, 2025.
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