Consensys CEO and Ethereum co-founder Joe Lubin stated: EigenCloud is a daring move in the direction of verifiability, which is crucial to the internet as we approach a new era.
"By adding verifiability to the cloud-based developer experience, Eigen Labs and Sreeram have emerged as best-in-class leaders in extending Ethereum's potential and developing the framework for more reliable digital systems."
In order to secure third-party services known as autonomous verifiable services, EigenLayer enables Ethereum stakers to "re-stake" their ETH. The EIGEN price moved a little after the news.