Eigen Labs announces approximately 25% layoffs, shifts business focus to EigenCloud
According to ChainCatcher, as reported by Blockworks, Eigen Labs has announced layoffs of approximately 25% (29 employees) and will shift its business focus to EigenCloud.
EigenCloud, launched last month, is a developer platform focused on both off-chain and on-chain verification. a16z has announced a $70 million investment in the company, bringing its total funding to $220 million, including $50 million from its Series A round in 2023.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: Over 10,000 BTC Withdrawn from CEX Platforms in the Past 7 Days
Data: Today's Fear and Greed Index drops to 74, indicating a state of greed
SpaceX Agrees to Invest $2 Billion in xAI
Bitwise CIO predicts Bitcoin will reach $200,000 by year-end
Trending news
MoreCrypto prices
More
