The Pantera Fund V will invest in a range of blockchain-based assets and is slated for launch in April 2025.
DAOs Beware: Neo-Imperialism Is on the Rise in Crypto-Land
Wyoming’s new legal entities for decentralized unincorporated nonprofit associations sets up legal entities that cheapens the idea of creating protocols that work independent of nation states, Martin Schmidt writes.
A16z-Backed Protocol Unveils U.S. Dollar Stablecoin Passing Yield from RWA and DeFi
Angle also aims to establish a forex hub offering seamless conversion between its dollar and euro-pegged stablecoins.
Espresso Systems Raises $28M in Fresh Funds, Led By A16z Crypto
The shared sequencer leading firm said that the round would further invests in their products as well as additional hires.
Eigen Labs, Developer Behind Restaking Protocol EigenLayer, Raises $100M From A16z Crypto
The pioneering restaking project EigenLayer, led by Sreeram Kannan, isn’t even live but investors are piling in. A16z Crypto is affiliated with the venture capital firm Andreessen Horowitz.
A16z Backs Web3 Consumer App Setter in $5M Seed Round
Setter aims to address “the complexity and unfriendliness of current wallet technologies,” making entry into Web3 a seamless experience for more users.
Crypto startup Bastion secures money transmitter licenses in US
Launched in September by two former Andreessen Horowitz executives, Bastion has acquired its first two money transmitter licenses in New Hampshire and Arkansas.
Former Andreessen Horowitz execs launch Bastion after $25M funding round
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.
Paris Hilton, a16z back IP ownership network Story Protocol
Andreessen Horowitz, Paris Hilton and Samsung have invested in the new blockchain-based open IP collaboration network Story Protocol.
Bridge Protocol LayerZero Passes 50M Cross-Chain Messages
The milestone highlights the demand for crypto users to transfer liquidity between chains and conduct cross-chain token swaps.
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.
a16z opening London crypto office citing ‘predictable’ environment
The expansion came following a “productive dialogue” with the U.K. Prime Minister and “months of constructive conversations” with UK policymakers, a16z’s general partner said.
First Mover Americas: Lots of Bitcoin Futures Traders Cash Out
The latest price moves in bitcoin (BTC) and crypto markets in context for April 27, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
A16z Says It’s Working on an Optimism-Based Rollup Called Magi
The news comes a day after the firm teased a potential blockchain announcement by tweeting an orange dot.
Silicon Valley Bank’s UK branch shut down by Bank of England
Several U.K. venture capital firms have shown support for SVB UK stating it is a “trusted” partner and plays a “pivotal” role in supporting startups.
a16z votes against proposal to deploy Uniswap V3 on BNB Chain
The venture firm used its 15 million UNI holding against the deployment using the Wormhole bridge.
Top crypto funding stories of 2022
2022 was a record-breaking year for blockchain and crypto VCs. Depending on who you ask, that’s either a good thing or a bad thing.
a16z leads $40M raise for decentralized knowledge protocol
Golden, which has now raised roughly $60 million in cumulative funding, also receives a16z general partner Ali Yahya to its board.
Netscape creator says Web3 really is like the rise of the early internet
Billionaire tech entrepreneur Marc Andreessen says that the current proliferation of Web3 and blockchain technology looks just like the internet in the late 1990s.
VC Roundup: The rise of blockchain gaming, DAO management and asset tokenization
Irreverent Labs, Lighthouse Labs, N3TWORK Studios, DoraHacks, iZUMi Finance, Common and Centrifuge headline the latest funding deals from the world of blockchain.