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Venture capital giant Andreessen Horowitz has invested an additional $70 million in EigenLayer to launch EigenCloud, a platform extending blockchain verification to off-chain applications. The platform aims to solve blockchain’s trust limitations for AI, data, and real-world computations.
- EigenCloud extends blockchain verification to off-chain applications, solving a long-standing limitation in blockchain development.
- The platform will verify asset pricing for BlackRock's $2 billion BUIDL fund, marking a major enterprise adoption.
- EigenLayer's AVSs use $12 billion in restaked assets to secure around $2 billion in application value, ensuring decentralized trust.
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