EigenLabs, which aims to build protocols and infrastructure that increase open innovation through allowing Ethereum restaking, has announced a US$50 million funding round led by Blockchain Capital. The funding round also included Electric Capital, Polychain Capital, Hack VC, Finality Capital Partners and Coinbase Ventures, among other firms and investors.

Latham & Watkins LLP advises EigenLabs in the fundraising round with an emerging companies team led by Bay Area partner Ben Potter, with associates Eduard Grigoryan, Adam Zuckerman, and Daphne Lambadariou.