Google Cloud and Coinbase Join EigenLayer as Node Operators, Boosting Ethereum Security and DeFi Growth
April 10, 2024Google Cloud and Coinbase, among others, have joined EigenLayer as node operators post-mainnet launch.
The partnership enables restakers to delegate stakes and operators to validate services on the Ethereum network.
EigenLayer, not currently validating services, will add in-protocol payments and slashing features later this year.
These developments underscore Google's growing engagement with the restaking protocol sector.
EigenLayer's rapid growth is underscored by its $13.33 billion TVL, making it the second-largest DeFi protocol.
Venture capital is showing strong interest in blockchain, as seen by significant investments in EigenLayer and Renzo Protocol.
Summary based on 2 sources
Get a daily email with more Crypto stories
Sources
BeInCrypto • Apr 10, 2024
Google Cloud Deepens Blockchain Footprint With EigenLayer Mainnet Node OperationThe Block • Apr 10, 2024
Google Cloud, Coinbase join EigenLayer as operators