a16z crypto, the investment arm of Andreessen Horowitz, is deepening its engagement with EigenLayer by investing an additional $70 million alongside the launch of a new cloud service.
Launch of EigenCloud
On June 17, 2025, Eigen Labs announced the official launch of EigenCloud, a unified cloud platform aimed at accelerating the app era in crypto. The platform is designed to integrate with Autonomous Verifiable Services and EigenDA.
New Investment from a16z
On the day of EigenCloud's launch, it was revealed that a16z has acquired an additional $70 million worth of EIGEN tokens to support the initiative. This investment follows the $100 million made in Eigen Labs during the Series B funding round in February 2024.
"EigenLayer is overcoming the technical bottlenecks of blockchains to enable a new category of applications built on verifiable solutions," said Ali Yahya, general partner at a16z crypto. "We are thrilled to expand our investment in the project."
Features of EigenCloud
EigenCloud offers several new services, including EigenVerify, a dispute resolution tool, and EigenCompute, a solution focused on execution. The platform aims to implement various applications, such as disintermediated digital marketplaces, fully onchain games, and automated adjudication.
"EigenCloud will enable the next generation of disruptive mass-market crypto apps," noted Sreeram Kannan, CEO of Eigen Labs.
The investment from a16z in EigenLayer, combined with the launch of EigenCloud, represents a significant step forward in the development of applications in the crypto space, offering developers new opportunities and tools.
