Category: Andreessen Horowitz

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Melania Trump’s NFT Vision, Mastercard’s Ethereum Plan + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________  … Read More: Melania Trump’s NFT Vision, Mastercard’s Ethereum Plan + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

KKR leads $350M raise for crypto custody bank Anchorage Digital

The raise marks the first time investment giant KKR directly invests in a cryptocurrency firm. 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…
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Nexo & Fidelity Partnership, Gibraltar’s Blockchain Integration + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ … Read More: Nexo & Fidelity Partnership, Gibraltar’s Blockchain Integration + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Report: Leading NFT Marketplace Opensea Presented With $10 Billion Valuation, Investors Are ‘Clamoring’

On November 17, a report disclosed that the leading non-fungible token (NFT) marketplace, Opensea, is “fielding new investment offers” according to two unknown sources familiar with the matter. The investment could propel Opensea’s valuation by six times to a $10 billion market valuation, according to the sources. Report Claims Opensea Offered a $10 Billion Valuation…
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Rally founders launch crypto venture studio backed by a16z partner

The new studio, SuperLayer, aims to commercialize Web 3 products. It has already received commitments from notable investors, including Marc Andreessen. Two blockchain entrepreneurs have launched a new cryptocurrency fund designed to bootstrap promising Web 3 startups, sending a strong signal that venture capital is eyeing the next builders of the decentralized internet.  On Friday,…
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VC firm a16z pursuing crypto lobbying push in Washington

Andreessen Horowitz executives will seek to guide U.S. policymakers on standards for crypto and Web 3.0. Anthony Albanese, chief operating officer of Andreessen Horowitz’s (a16z) crypto division, and Katie Haun, general partner at the firm, are among a high-powered delegation from the venture capital giant that will engage with lawmakers and administration officials in the…
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Top engineers working on Facebook’s wallet jump ship to A16z’s crypto fund

The engineers will provide technical advice to Andreessen Horowitz’s portfolio companies. Andreessen Horowitz (A16z), a leading venture capital firm operating in the crypto sector, has nabbed two of the leading engineers working on Facebook’s digital currency project for its digital asset fund. According to an Oct. 11 report from CNBC, Nassim Eddequiouaq and Riyaz Faizullabhoy…
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Former Federal Prosecutor: There’s Much More to Crypto Than Financial Use Cases, Regulation Cannot Be One Size Fits All

Former federal prosecutor Katie Haun says that regulators really need to take stock of the fact that we’re beyond just financial use cases of cryptocurrency. “There’s much more to crypto than that,” she said, adding that “Regulation cannot be one size fits all.” Haun further said that crypto is not the Wild West and the…
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Former CFTC brass joins Andreessen Horowitz as an advisor

The company has brought former United States CFTC commissioner Brian Quintenz aboard its operation. Crypto regulation has become an increasingly relevant topic over the past several years. To address these legal ins and outs amid the ever-changing regulatory waters, VC firm Andreessen Horowitz has called upon a previous leader of the United States Commodity Futures…
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a16z shines the spotlight on DAOs by leading Syndicate’s Series A

Syndicate’s vision for decentralized autonomous organizations was one of the biggest selling points for Andreessen Horowitz. California-based venture fund Andreessen Horowitz announced Tuesday that it is leading a Series A investment round for Syndicate, a decentralized platform with the lofty vision of democratizing investing by allowing users to create decentralized autonomous organizations, or DAOs.  Ali…
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