I’m excited to announce that we’ve invested an additional $70M in @EigenLayer tokens (EIGEN) with a lockup. Over the past couple years, the Eigen team has unlocked a whole new paradigm for building applications that are verifiable and credibly neutral.

EigenCloud: The Cloud Thesis of Crypto. Bitcoin established verifiable money and Ethereum established verifiable finance. EigenCloud's goal is to make every digital interaction verifiable. The core promise of EigenCloud: cloud-scale programmability with crypto-grade verifiability. EigenCloud enables developers to build powerful applications using familiar cloud containers while maintaining blockchain-level trust guarantees. By separating token logic (executed on-chain) from app logic (executed in verifiable off-chain containers), developers can leverage the full richness of cloud infrastructure - any software library, specialized hardware, external APIs - while preserving cryptoeconomic security through the EIGEN token's novel forkability mechanism. This architectural shift unlocks entirely new application categories: verifiable onchain AI agents, permissionless prediction markets, memecoin platforms with verifiable incentives, trustworthy media feeds, and enterprise applications with crypto-grade auditability. By massively expanding the programmability of crypto applications, EigenCloud expands the addressable market of crypto and establishes the foundation for the verifiable economy.