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A16z
Venture Capital Firm a16z Unloads $7M of MKR Tokens as Price Soars
Venture capital heavyweight Andreessen Horowitz (a16z) is selling a part of its investment in crypto lender MakerDAO's MKR governance tokens as the price of coins soared to a near one-year high, blockchain data shows. "The Hash" panel discusses the implications for Maker’s ecosystem.
Venture Capital Firm a16z Unloads $7M of MKR Tokens as Price Soars
Lending platform Maker’s governance tokens soared to near one-year high prices last week prior to the sales.
VC Funding in Web3 Plummets 76%: Crunchbase Data
In the second quarter of 2023, Web3 startups raised just over $1.8 billion, compared to $7.5 billion during the same period last year.
Snoop Dogg and a16z Back Web3 Music Platform Sound’s $20M Funding Round
The company aims to help artists make a living for their music by minting their songs on-chain and selling them directly to fans.
A16z, ARK Invest Back $37M Round for Mythical Games
Crypto asset manager Scytale Digital led the Series C extension round for the NFL Rivals creator.
A16z Chooses London as Destination for First Office Outside U.S.
Venture capital giant Andreessen Horowitz (a16z) chose London as the site for its first office outside the U.S., saying the U.K. government is willing to create policies that encourage startups to pursue decentralization. "The Hash" panel discusses the move.
A16z Chooses London as Destination for First Office Outside U.S.
The venture capital firm plans to use the office, which will open later this year, to fund growth in the crypto and startup ecosystems in the U.K. and Europe.
Active Addresses on Blockchain Hit All-Time High: A16z Data
According to a16z crypto's State of Crypto Index, active addresses across various blockchains hit an all-time high for the second month in a row in May. The venture fund notes 19.47 million active addresses across blockchains including Ethereum, Polygon, Solana, Optimism, and more. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Sam Altman’s Worldcoin Raises $115M, Led by Blockchain Capital
Tools for Humanity, the team behind Worldcoin, has raised $115 million in a Series C funding round led by Blockchain Capital with participation from a16z, Bain Capital Crypto and Distributed Global. "The Hash" panel discusses the future of the decentralized open-source protocol co-founded by OpenAI CEO Sam Altman.
Crypto Regulation Needs to 'Come Through Congress,' A16z Crypto's Brian Quintenz Says
a16z crypto's Head of Policy Brian Quintenz shares his thoughts on the role of Congress in the establishment of a crypto regulatory framework in the U.S.