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“# Andreessen Horowitz launches biggest-ever crypto venture fund at $2.2B ” Andreessen Horowitz is launching a new crypto-focused fund dedicated to expanding the size and marketability of blockchain projects, offering further evidence that venture funds believe in the staying power of digital assets. Crypto Fund III, a $2.2-billion venture fund co-led by Andreessen Horowitz general…
“# A16z taps Deutsche Telekom subsidiary as Celo validator ” The United States-based venture capital fund Andreessen Horowitz (a16z) has picked T-Systems MMS validator group, a subsidiary of Deutsche Telekom, to delegate its native Celo (CELO) assets. According to a notice on Deutsche Telekom’s website on Tuesday, T-Systems MMS is running the validator nodes via the…
“# Solana Labs raises $314M via private token sale as ecosystem support expands ” Cryptocurrency venture capital funds have poured hundreds of millions of dollars into Solana Labs to support further development and execution of decentralized applications and platforms building on Solana. Solana Labs, the blockchain development studio devoted to incubating Solana projects, announced Wednesday…
“# Andreessen Horowitz leads $40M investment round into crypto-trading platform ” Talos, an up-and-coming institutional technology provider for cryptocurrency trading, has secured $40 million in Series A funding from some of the biggest venture capitalists in the digital asset market. The raise, which was led by Andreessen Horowitz, also had participation from PayPal Ventures, Fidelity…
“# $223M fund for Internet Computer builders — but community is wary ” Zurich-based Dfinity Foundation has announced a fund worth CHF 200 million, or around $223 million, to support development on the Internet Computer — a blockchain-based decentralized network with wildly ambitious plans to one day “replace” much of the internet. The non-profit scientific…
“# A $1 billion crypto fund could be on its way from Andreessen Horowitz ” Building on its previous crypto involvement, VC firm Andreessen Horowitz is now reportedly gathering thunder for another fund, according to an article from the Financial Times, or FT. “The new fund, Andreessen’s third that is focused on cryptocurrency investments, is…
“# Andreessen Horowitz leads $28M Aleo raise ” Aleo, a privacy-focused blockchain, has secured $28 million in investments to bring its zero-knowledge applications to a wider market. California-based venture capital firm Andreessen Horowitz led the private investment round. Notable contributions also came from Coinbase Ventures, Galaxy Digital, Variant Fund, Polychain Capital and the Joseph Lubin-led…
“# Andreessen Horowitz leads $23M round for NFT marketplace OpenSea ” OpenSea, one of the largest digital collectible marketplaces, has secured backing from venture capital firm Andreessen Horowitz, or a16z, and others in a new funding round. According to Andreessen Horowitz, the firm is leading a $23 million Series A round for OpenSea alongside a16z’s…
“# Andreessen Horowitz leads $25m round for Optimism’s L2 scaling solution ” Optimism, a company providing Layer 2 scaling solutions for Ethereum, has secured backing from venture capital firm and Coinbase investor Andreessen Horowitz, or A16z. Andreessen Horowitz, which manages a portfolio worth roughly $16.6 billion, announced it is leading Optimism’s $25 million Series A…
“#What is Clubhouse? Everything to know about the invite-only app” It’s part Facebook, part podcast and super exclusive. The audio-based social network app Clubhouse has been making headlines since it launched in March, but this weekend, it was propelled to a new tier of mainstream awareness when Elon Musk used it. Currently the world’s richest…