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DOGE $0.0905 +0.86%
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LINK $13.20 +7.30%
HYPE $88.01 -1.17%
AAVE $134.88 -0.13%
SUI $0.8331 +4.35%
XLM $0.1945 +4.28%
ZEC $1,192.58 +2.13%

Eigen Labs announced a layoff of about 25%, shifting its business focus to EigenCloud

2025-07-09 07:50:40

According to Blockworks, Eigen Labs announced a layoff of about 25% (29 employees) and is shifting its business focus to EigenCloud.

EigenCloud was launched last month and is a developer platform focused on off-chain and on-chain verification. a16z announced an investment of $70 million, and the company has raised a total of $220 million, including $50 million in the 2023 Series A funding.

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