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EigenLayer is raising $50 million in Series A funding

BlockBeats reported on February 4 that EigenLayer, an Ethereum repledge agreement, is in A Series A funding round to raise $50 million. The deal could value EigenLayer at $250 million and EigenLayer at $500 million, according to sources familiar with the matter. The fundraising process began before the cryptocurrency exchange FTX crashed in November and is expected to be completed soon, according to three separate sources. EigenLayer did not immediately respond to a request for comment.

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