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Eigen Labs acquires Rio Network, opens LRT code

Eigen Labs, a leading blockchain company, has announced its acquisition of Rio Restaking, a prominent player in the staking sector. This move signifies Eigen Labs’ strategic expansion in the blockchain space, particularly in staking services.

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Eigen Labs, a leading blockchain company, has announced its acquisition of Rio Restaking, a prominent player in the staking sector. This move signifies Eigen Labs’ strategic expansion in the blockchain space, particularly in staking services.

Rio Restaking, known for its robust staking solutions, will now operate under the umbrella of Eigen Labs, leveraging its resources and expertise to further enhance its offerings. This acquisition aligns with Eigen Labs’ vision of bolstering its presence in the staking ecosystem and providing innovative solutions to its clients.

In addition to the acquisition, Eigen Labs has unveiled the code for its Long Range Tracking (LRT) system, aiming to promote transparency and collaboration within the blockchain community. The release of the LRT code underscores Eigen Labs’ commitment to open-source development and its dedication to advancing blockchain technology.

With these strategic moves, Eigen Labs continues to solidify its position as a key player in the blockchain industry, driving innovation and fostering growth within the ecosystem.

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