ChainCatcher news, according to Forbes, Eigen Labs announced that its Ethereum re-staking protocol EigenCloud has completed $70 million in funding, led by a16z.

This is a platform aimed at extending blockchain-level trust assurance to any Web2 or Web3 application, with the use of EigenCloud creating new streams of fees to support staking rewards.

It is reported that the Alpha version release of EigenCloud will coincide with the performance upgrade of EigenDA, achieving a throughput of 50 MB per second on the Ethereum testnet. Additionally, EigenCloud has released a gated preview of EigenVerify, aimed at adjudicating disputes in off-chain systems such as AI agents or prediction markets.