Pip Labs has raised $80 million in a Series B funding round led by VC firm A16z, reaching a valuation of $2.25 billion. The round aims to extend the development of Story, a blockchain aiming to tokenize and protect what Pip Labs calls the “multi-trillion-dollar” asset class of intellectual property (IP), offering frictionless systems for…
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Marc Andreessen, co-founder of prominent venture capital firm Andreessen Horowitz, has announced his support for former President Donald Trump in the 2024 presidential race, citing Trump’s policies as more favorable for the tech industry and startup ecosystem. Andreessen, a self-described lifelong Democrat, explained his reasoning on the latest episode of “The Ben & Marc Show”…
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Source: MoonPay Crypto startup MoonPay has announced the appointment of Mike Lempres, a former executive from Coinbase and Andreessen Horowitz (a16z), to its board of directors. On November 30, MoonPay announced that Mike Lempres will be joining the company’s board of directors to provide expertise about their product offerings and the industry’s regulatory landscape. Mike…
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a16z General Partner Arianna Simpson believes the US needs to establish a regulatory framework that instills confidence in crypto firms and allows them to build technology products without fear of potential consequences. Simpson claimed that the lack of specific guidance in the US is causing legitimate crypto companies to seek opportunities offshore…. Read More: a16z’s Arianna Simpson…
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Crypto startup Bastion has raised $25 million in a funding round led by venture giant Andreessen Horowitz’s crypto arm, a16z crypto. Also joining the round was several prominent venture capital firms like Nomura’s Laser Digital, Alchemy, Robot Ventures, crypto influencer Packy McCormick’s Not Boring Capital, and others, the firm announced in a thread on social…
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The Web3 startup came out of stealth mode after a seed funding round led by a16z crypto, enabling firms to integrate web3 infrastructure into their existing enterprise technologies. Two former executives from Andreessen Horowitz (a16z)’s crypto division have managed to raise $25 million in seed funding for their newly launched Web3 startup Bastion — despite…
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Prominent VC firm Andreessen Horowitz (a16z) has unveiled two open-source software projects focused on zero-knowledge (ZK) proofs. These projects aim to accelerate the core technology behind ZK proofs, a promising type of cryptography that can help scale blockchains by increasing transaction throughput, reducing costs, and enhancing privacy, the firm said in a recent announcement. … Read More: Venture Firm a16z Dives…
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A16z, a tech-focused venture capital company, has announced that it will open its first office in London to take advantage of the friendly regulatory environment in the U.K. Prime Minister Rishi Sunak stated he was thrilled about this expansion and that the U.K. would continue to embrace innovations like Web3, powered by blockchain tech. A16z…
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The expansion came following a “productive dialogue” with the United Kingdom’s prime minister and “months of constructive conversations” with U.K. policymakers, a16z’s general partner said. Venture capital firm Andreessen Horowitz (a16z) is set to open its first office outside of the United States this year, adding to the backdrop of U.S.-based firms seeking greener pastures…
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The system uses “time-lock puzzles” to encrypt the contents of votes, making them unreadable until balloting has finished. Venture capital fund Andreessen Horowitz, also known as A16z, has released a Solidity library that can be used for anonymous voting on Ethereum. Called “Cicada,” the library prevents an individual voter’s choice from being known before polling…
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