We're sunsetting PodQuest on 2025-07-28. Thank you for your support!
Export Podcast Subscriptions
cover of episode How New Funding Rounds Are Accelerating the Evolution of EigenLayer’s Crypto Ecosystem

How New Funding Rounds Are Accelerating the Evolution of EigenLayer’s Crypto Ecosystem

2024/4/28
logo of podcast Web3 Wavefronts - Digestible News on Crypto, DeFi and AI

Web3 Wavefronts - Digestible News on Crypto, DeFi and AI

Shownotes Transcript

EigenLayer, a rapidly expanding ecosystem, has attracted the interest of investors leading to Aligned Layer raising $20 million in a Series A investment round led by Hack VC. Aligned Layer seeks to influence the restaking process of EigenLayer to enhance the function of staked ether. In other funding news, a software solution provider, Othentic, secured $4 million in seed funding arranged by Finality and Breyer Capital to support AVS developers. Movement Labs also received an investment of $38 million in a round led by Polychain as it plans to launch its layer-2 named Movement. Other notable fundings included Turnkey's $15 million and Carv's $10 million.

Read in-depth analysis on this topic at: https://theweb3.news/crypto/how-new-funding-rounds-are-accelerating-the-evolution-of-eigenlayers-crypto-ecosystem/

Hosted on Acast. See acast.com/privacy) for more information.