Venture capital firm Andreessen Horowitz, known as a16z, recently announced a $100 million investment in EigenLayer, a startup facilitating crypto restaking. Restaking involves repurposing ETH tokens for securing the Ethereum blockchain, signifying a commitment to network security. EigenLayer, founded in 2021, offers a decentralised validation marketplace, enabling developers to deploy protocols on Ethereum's node-operator infrastructure with greater flexibility. This investment reflects a16z's excitement about unlocking open innovation on Ethereum. While VC funding for crypto had been declining, a recent uptick suggests renewed interest. However, potential regulatory challenges, such as SEC Chair Gary Gensler's remarks on staking protocols, loom. Nonetheless, EigenLayer remains focused on enabling developers to participate in the crypto economy without creating new staking tokens, leveraging existing economic commitments to Ethereum.