Sound.xyz, a Music NFT Platform, has raised $5 million in a funding round led by a16z. a16z General Partner Ali Yahya tweeted about the investment earlier today stating he is “beyond excited to announce that a16z is leading Sound.xyz’s initial funding round. “Music is the… Read More
Read more in: Blockchain & Digital Assets | Tagged a16z, Ali Yahya, music, nfts
Matter Labs, a company looking to provide an Ethereum Layer 2 scaling protocol, has raised $50 million in new funding. The investment was led by Andreessen Horowitz (a16z). Additional investors included Placeholder, Dragonfly and 1kx. Matter Labs said that a second financing was closed with… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged Ali Yahya, andreessen horowitz, dan boneh, ethereum, matter labs, Zero Knowledge Proofs, zkSync
TrustToken, creators of TUSD, has raised a $12.5 million round of funding to scale TrueFi, its DeFi protocol for collateral-free loans which is powered by on-chain credit scores. The strategic funding round is led by Blocktower with participation from Andreessen Horowitz (a16z) and Alameda Research through the purchase of TRU, TrueFi’s native… Read More
Read more in: Blockchain & Digital Assets | Tagged Ali Yahya, andreessen horowitz, defi, sam bankman-fried, trusttoken
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