The post Eigen Labs Launches EigenCloud with $70M Backing from a16z Crypto appeared first on Coinpedia Fintech News
Eigen Labs has rolled out EigenCloud, a platform designed to deliver blockchain-level trust for Web2 and Web3 applications. It brings together three core tools: EigenDA for data availability, EigenCompute for computing tasks, and EigenVerify for dispute resolution. The launch aims to simplify and scale decentralized infrastructure for developers. Coinciding with the alpha release, a16z Crypto invested $70 million in a direct token deal to support the platform’s development and broader rollout across the crypto ecosystem.