Blockchain project Espresso Systems has successfully closed a $28 million Series B funding round, with a16z crypto leading the investment. This latest financial boost brings the total funding to over $60 million, following a $30 million Series A round in 2022 and an initial $2… Read More
Former Commodities Futures Trading Commission (CFTC) Commissioner Brian Quintenz has joined a16z Crypto in a full-time role as its new Head of Policy. a16z Crypto is a leading VC operation investing in blockchain-based platforms, including Web3. While at the CFTC, Quintenz led the Commission’s Technology… Read More
Michele Korver has joined a16z Crypto as its new Head of Regulatory. According to a note from a16z, Korver has a reputation as the DOJ [Department of Justice] “crypto czar” having spent more than 25 years in government and law enforcement. Korver started her career… Read More
Yup, the Web 3.0 social platform that rewards curators, has confirmed that it has finalized a $3.5 million round that was led by Distributed Global, which is an early investor in crypto-focused Unicorns Dapper Labs, Audius and Solana. The proceeds from the investment round will… Read More
Eco, a U.S.-based digital wallet for saving and spending, announced on Friday it raised more than $26 million through its latest investment round, which was led by a16z Crypto with participation from Founders Fund, Activant Capital, Coinbase Ventures, and Slow Ventures. Eco reported that the… Read More
Silicon Valley-based venture capital firm Andreessen Horowitz recently led a $5 million investment round for Arweave, a blockchain firm that’s developing permanent online data storage solutions. On November 5, the developers of Arweave revealed that they had managed to receive investments from world-leading funds in… Read More
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