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” Crypto Biz: Goldman Sachs tip-toes into ETH, Mar. 4-10 “ Wall Street’s embrace of digital assets is showing no signs of slowing down. In fact, they don’t even need to tell us about it as the proof is in the fine print. This week, a United States Securities and Exchange Commission (SEC) filing revealed…
” Andreessen Horowitz invests $70M in Ethereum staking protocol Lido “ Ethereum staking solution Lido Finance has raised $70 million from venture capital giant Andreessen Horowitz, marking the protocol’s first funding round since May 2021. Andreessen Horowitz’s investment in Lido is intended to further support the adoption of decentralized staking solutions for Ethereum 2.0, a…
“# Privacy-focused applications platform Aleo raises $200M ” Zero-knowledge applications platform Aleo has raised $200 million in a solid investment round, pushing the company forward and supporting its goals to develop products and services that encourage and assist developers in building applications on top of its decentralized network. The Series B investment round was led…
“# Blockchain startups grow as global VC funding generated $25.2B in 2021 ” Last year was impressive for blockchain startups, as research from CB Insights found that venture capital funding reached new heights during every quarter of 2021. According to CB Insights’ “State Of Blockchain 2021” report, $25.2 billion worth of venture capital funding went…
“# a16z-backed TrueFi launches DeFi lending market for asset managers ” Stablecoin operator TrustToken has launched a new lending marketplace that allows asset managers to create their own decentralized finance products, potentially opening the door to wider mainstream adoption of DeFi solutions. The new lending marketplace, which is offered on unsecured lending protocol TrueFi, gives…
“# Andreessen Horowitz aims to raise $4.5 billion to invest in crypto funds ” A16z, a VC company with investments in Protocol Labs, Polychain Capital and Opensea among others, is now planning to raise $4.5 billion for its latest fund which is focused solely on cryptocurrencies, according to a report by U.K newspaper Financial Times….
“# a16z, Google lead $20M investment in Africa Web3 game publisher Carry1st ” Web3 and social games publisher Carry1st has raised $20 million in Series A funding to further expand product development in Africa — a continent that could become the premier hub for the gaming industry over the next decade. The investment round was…
“#Jack Dorsey blocked on Twitter by Marc Andreessen over ‘Web3’ tiff” Twitter co-founder Jack Dorsey has been blocked on Twitter — the social network he co-founded — by venture capitalist Marc Andreessen amid a growing tiff over the trendy crypto concept of “Web3”. Dorsey — who stepped down from the helm of Twitter last month…
“# KKR leads $350M raise for crypto custody bank Anchorage Digital ” Major cryptocurrency custody bank Anchorage Digital has closed a fresh funding round, bringing its valuation to over $3 billion. Anchorage Digital announced on Wednesday that it had raised $350 million in a Series D funding round led by equity investment giant KKR. According…
“# Nym Technologies raises $13M to develop surveillance-evasion platform ” European security startup Nym Technologies has announced a $13 million funding round coordinated by renowned crypto investor Andreessen Horowitz, or a16z, and further participated by a venture capital firms Digital Currency Group, Tayssir Capital, Huobi Ventures, Hashkey and Fenbush. This third funding round represented their…