Google Cloud and Coinbase Join EigenLayer as Node Operators, Boosting Ethereum Security and DeFi Growth

April 10, 2024
Google Cloud and Coinbase Join EigenLayer as Node Operators, Boosting Ethereum Security and DeFi Growth
  • Google 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


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