Andreessen Horowitz has invested another $70 million in EigenLayer, bringing its total investment to $170 million, to support the launch of EigenCloud. This platform enables developers to build verifiable applications both on and off-chain, addressing blockchain’s historical limitation of only verifying on-chain data. EigenCloud introduces three core components—EigenVerify, EigenDA, and EigenCompute—to facilitate dispute resolution, data availability, and execution. The platform leverages EigenLayer’s $12 billion in restaked assets and its network of Autonomous Verifiable Services (AVSs) to secure applications, including BlackRock’s $2 billion BUIDL tokenized fund. EigenCloud targets AI verification, prediction markets, medical records, and traditional web services, with broader availability planned later this year.
about Andreessen Horowitz Invests $70M in EigenLayer's EigenClouda16z
0 in Finance and 0 in Crypto last weekEigenCloud Launches: A16z Invests $70M in EIGEN Tokens
EigenLayer’s EigenCloud, launched on June 17, introduces a unified system leveraging the EIGEN token to enable verifiable on-chain and off-chain applications. The platform combines third-party Autonomous Verifiable Services (AVSs) with EigenLayer’s developer tools like EigenDA, EigenVerify, and EigenCompute. EigenCloud’s standout feature is its ability to offer verifiable computation for off-chain processes, similar to Layer 1 chains. Additionally, EIGEN token holders can stake their assets to secure applications and earn rewards. Despite a $70 million investment from Andreessen Horowitz, the EIGEN token has seen an 11% drop in the past 24 hours and an 80% decline from its peak in December 2024.
about EigenCloud Launches: A16z Invests $70M in EIGEN Tokensa16z: Blockchains Can Secure AI Ownership & Open Standards
Andreessen Horowitz’s a16z released a report advocating for blockchain integration in AI to promote user ownership, open standards, and decentralized governance. Key proposals include storing AI context in self-custodial wallets, using DePIN networks for distributed computing, and implementing micropayments for data sources. The paper also emphasizes on-chain intellectual property registries, smart contract licensing, and wallet-based advertising to ensure transparency and fair compensation. By combining blockchain’s immutable ledgers with AI, a16z envisions a future where users control their digital agents, bots pay for web access, and creators are rewarded for contributions. The report positions blockchain as a critical layer for preserving an open, incentivized internet amid AI’s rapid growth.
about a16z: Blockchains Can Secure AI Ownership & Open StandardsSUI Crypto: Bullish Setup Signals 37% Upside Potential
Crypto analyst Crypto Master 786 highlights a bullish technical setup for SUI, supported by a Bullish Price Range (BPR) and Order Block (OB). Key indicators like a Market Structure Shift, Fibonacci Confluence, and low-volume pullbacks suggest upward momentum. Fundamentally, SUI’s high-performance Layer 1 blockchain, strong institutional backing, and growing developer ecosystem reinforce its long-term potential. The analyst projects a 37% upside if SUI holds its current support zone, making it a high-probability swing trade opportunity.
about SUI Crypto: Bullish Setup Signals 37% Upside PotentialTom Brady Backs $18M AI Finance Startup Catena Labs
Catena Labs, a startup building AI-native financial rails using stablecoins, has secured $18M in seed funding led by Andreessen Horowitz (a16z) with participation from Coinbase Ventures, Circle, and Tom Brady. The firm aims to create an AI-driven financial institution enabling autonomous agents to transact safely, leveraging regulated stablecoins like USDC. Brady’s involvement marks his comeback after FTX’s collapse, where he faced legal troubles as a brand ambassador. Catena also launched its Agent Commerce Kit, an open-source tool for AI payment verification. The project targets gaps in traditional finance for AI-native interactions, backed by elite crypto investors and Brady’s high-profile endorsement.
about Tom Brady Backs $18M AI Finance Startup Catena LabsTrump’s EU Tariff Threat Sparks Crypto Volatility
Donald Trump’s proposed 50% tariff on EU goods has led to significant volatility in the cryptocurrency market, with Worldcoin (WLD) jumping 35% following a $135 million token purchase by a16z and Bain Capital Crypto. Jupiter (JUP) also saw a 15% rise due to network updates, though it struggles to break key resistance levels. Meanwhile, EOS fell 8.5% amid controversy over a $3 million token buyout by World Liberty Financial, raising concerns about market manipulation. Analysts suggest WLD could test $1.75, JUP may target $0.85 if momentum holds, while EOS risks dropping to $0.65 if selling pressure continues. The market remains sensitive to macroeconomic and regulatory developments.
about Trump's EU Tariff Threat Sparks Crypto VolatilityWorldcoin Surges 31% After $135M Funding Boost
Worldcoin (WLD) experienced a 31% price surge after securing $135 million in funding from top-tier VC firms Andreessen Horowitz (a16z) and Bain Capital Crypto. The investment, structured as a private token sale, will support the project’s aggressive U.S. rollout, including the deployment of 7,500 iris-scanning Orbs to reach 180 million Americans by year-end. Worldcoin, which aims to provide AI-proof human verification, has already issued 12.5 million verified IDs and boasts a global user base of 26 million. Despite its momentum, the project faces privacy scrutiny in Germany, Brazil, and Singapore, while navigating operational challenges in Kenya and Hong Kong. Meanwhile, WLD’s price resilience defied sell pressure from recent token unlocks, rebounding 164% from its April low and outperforming the broader crypto market.
about Worldcoin Surges 31% After $135M Funding BoostWLD Surges 36% After $135M Token Sale Backed by a16z, Bain
Worldcoin’s WLD token spiked 36% after raising $135 million through a token sale involving prominent investors like Andreessen Horowitz (a16z) and Bain Capital Crypto. The funds will support the expansion of Worldcoin’s biometric identity system, which relies on iris scans via its Orb devices. Over 12 million retina scans have already been logged, and the company plans to deploy 7,000 more Orbs globally, including in major US cities. Despite privacy concerns and regulatory challenges, Worldcoin is pushing forward with its US launch, making WLD available on Coinbase and offering incentives for new users. However, experts warn that increasing token supply without matching demand could pressure prices in the long run.
about WLD Surges 36% After $135M Token Sale Backed by a16z, BainGlider Wins Paris Blockchain Week with Non-Custodial Crypto Platform
Glider, a non-custodial crypto portfolio management platform, has emerged as the winner of the Start the Block competition at Paris Blockchain Week, judged by high-frequency trading firm Auros. Co-founded by Brian Huang, Glider focuses on lowering the barrier to entry for DeFi by automating portfolio creation through natural language inputs while ensuring users retain full control of their assets. The platform recently secured $4 million in funding led by a16z CSX, with participation from Coinbase and Uniswap, to scale its team and democratize sophisticated crypto strategies. Auros praised Glider’s product-first approach and alignment with algorithmic trading principles, signaling its potential to onboard the next wave of DeFi users.
about Glider Wins Paris Blockchain Week with Non-Custodial Crypto PlatformWorld Foundation Raises $135M to Expand Biometric IDs
World Assets, a subsidiary of World Foundation (formerly Worldcoin), has raised $135 million by selling WLD tokens to venture firms Andreessen Horowitz (a16z) and Bain Capital Crypto. The funding will support the expansion of Orb-verified World IDs, a decentralized identity solution using biometric verification to combat AI-driven fraud and spam. With over 12.5 million Orb-verified IDs issued and a total user base exceeding 26 million, the company aims to scale its operations globally, particularly in underserved regions. The project, which has faced regulatory scrutiny over biometric data collection, is backed by investors who see decentralized identity as critical in the AI era. The funding round underscores confidence in World’s vision of a self-sustaining, privacy-preserving identity protocol.
about World Foundation Raises $135M to Expand Biometric IDsGENIUS Act Gains Backing from Crypto Leaders Ahead of Senate Vote
The GENIUS Act, introduced by Senator Bill Hagerty and co-sponsored by key Senate figures, seeks to create a federal licensing system for stablecoin issuers. Backed by prominent crypto leaders like Chris Dixon and Brian Armstrong, the bill is seen as a crucial step toward regulatory clarity and consumer protection. Dixon highlighted its potential to solidify U.S. blockchain leadership, while Armstrong urged bipartisan cooperation to pass the legislation before August. The Act outlines eligibility for issuers and sets rules for foreign entities, aiming for a consistent regulatory environment. This effort aligns with broader crypto regulatory moves, including the recently passed STABLE Act, which empowers the OCC to oversee nonbank stablecoin issuers and bolster the U.S. dollar’s global role.
about GENIUS Act Gains Backing from Crypto Leaders Ahead of Senate VoteMiden Raises $25M Led by a16z for ZK Blockchain Scaling
Miden, a ZK-powered blockchain developed independently from Polygon Labs, has raised $25 million in a seed round led by a16z Crypto, with participation from notable investors like 1kx and Hack VC. The project focuses on high scalability by executing transactions on edge devices, enabling both public and private transactions with full privacy. Miden’s hybrid consensus model aims to address bottlenecks in traditional blockchains while maintaining decentralization. The funding will support development ahead of its mainnet launch in Q4 2025. Miden also plans to airdrop 10% of its native tokens to Polygon (POL) holders, positioning itself as a competitor to Solana, Sui, and Aptos. Co-founder Bobbin Threadbare emphasized that existing blockchains lack the privacy and scalability needed for mass adoption, making Miden’s infrastructure a potential catalyst for institutional entry.
about Miden Raises $25M Led by a16z for ZK Blockchain Scaling