Tagged: andreessen horowitz

Controversial BitClout Project, which will Offer Social Currency Issued by Digital Artists, Already Facing Lawsuit Before Official Launch

There’s been a lot of hype around non-fungible tokens or NFTs, with many major digital art auctions and opportunities to exchange virtual trading cards. There’s also been a lot of talk among major investors who believe that these scarce tokens may support the future of… Read More

Unprecedented Bitcoin Rally Supported by Best-Performing Quarter for Crypto and DLT Startup Funding Totaling Over $700M in Q4 2020: Report

The current Bitcoin (BTC) bull market has been fueling another major boom in blockchain or distributed ledger tech (DLT) startup deals. Coinbase Ventures had launched back in 2018, which was during the extended cryptocurrency bear market that lasted from early January of that year to… Read More

Jeffrey Amico, Counsel at Andreessen Horowitz, Comments on VC Firm’s Views Regarding Crypto Protocols and Decentralized Governance

Jeffrey Amico, Counsel at VC firm Andreessen Horowitz, notes that cryptocurrency protocols are supposed to be governed by these so-called “decentralized” communities of stakeholders. Amico explains that it’s not necessarily the case that decentralized communities are more efficient, or “important” for various ideological reasons, but… Read More

Divvy Homes Raises $110 Million Series C Funding

Divvy Homes, a Proptech that seeks to make homeownership more attainable with flexible ownership, has announced a $110 million Series C equity funding round. The funding was led by Tiger Global Management, with participation from GGV Capital, Moore Specialty Credit, JAWS Ventures, and existing investors,… Read More

Coinbase Adds Kelly Kramer, former CFO of Cisco, to its Board, Marc Andreessen to Transition to Board Director

Kelly Kramer, the former CFO at Cisco, has now joined the Board of Directors at digital asset exchange Coinbase. The San Francisco-based trading platform has also confirmed that Marc Andreessen will be transitioning to Board Director, from Board Observer. The news arrives when the crypto… Read More

Andreessen Horowitz Leads $27 Million Investment into Fintech Moov

Moov, a Fintech that supports banks and credit unions, Fintechs and more to quickly deploy financial service solutions to receive funds, store value, and remit payments, has raised $27 million in a Series A led by Andreessen Horowitz. Other investors include Gokul Rajaram as well… Read More

Pave, Formerly Trove, Receives $16 Million Series A led by Andreessen Horowitz

Pave, formerly named Trove and recently rebranded, has received $16 million in an oversubscribed Series A funding round led by Andreessen Horowitz. Other big names participated in the round including Bessemer Venture Partners, Bezos Expeditions (as in Jeff Bezos), Dash Fund, and Y Combinator. Kristina… Read More

Andreessen Horowitz, Union Square Ventures, Others Take Part in $11 Million Series A Round for Uniswap, a Non-Custodial Ethereum Token Exchange

Ethereum based Uniswap, a leading non-custodial crypto token exchange, has reportedly secured $11 million through a Series A investment round. Uniswap’s latest funding round was led by giant VC firm Andreessen Horowitz. Union Square Ventures, Version One, Parafi Capital, Variant, SV Angel and A. Capital… Read More

There are Over 30 Partner Banks Representing Hundreds of Fintech Relationships, Rex Salisbury, Partner at a16z Reveals

Rex Salisbury, partner on the Fintech team at VC firm Andreessen Horowitz (A16Z) and founder of Cambrian, a community at the “white-hot center” of Fintech, reveals that partner banks have “exploded” in recent years. Salisbury confirmed that today, there are over 30 partner banks, which… Read More

Andreessen Horowitz: Growth in the Cryptocurrency Sector has been “Choppy Yet Consistent”

Giant VC firm Andreessen Horowitz is arguing that the growth of social media, application developers, digital asset prices, and the rise of blockchain startups may eventually lead to the development of a more stable cryptocurrency industry. The US-based firm published a report on May 15,… Read More

Andreessen Horowitz-backed dYdX, a Non-Custodial Exchange, Launches Bitcoin (BTC) Perpetual Contracts Market

Andreessen Horowitz (a16z)-backed dYdX, a non-custodial cryptocurrency exchange, has confirmed the public launch of its Bitcoin (BTC) perpetual contracts market. Perpetual contracts are derivatives that are somewhat like futures contracts, however, they don’t have an expiry or fixed settlement date. Perpetual contracts closely resemble a… Read More

Andreessen Horowitz Secures Over Half a Billion Dollars for its Second Digital Asset Fund

Giant venture capital firm Andreessen Horowitz (a16z) has finalized its second crypto asset fund which is valued at over half a billion dollars. Established in 2009 by Marc Andreessen and Ben Horowitz in 2009, the VC firm confirmed the news on April 30, 2020. The… Read More

Ethereum-based tBTC, which is Pegged to Bitcoin (BTC), Is Preparing for Public Launch with Help from MakerDAO, Others

thought-catalog unsplash Bitcoin Ethereum Cryptocurrency

tBTC, an Ethereum (ETH)-based token that’s pegged to Bitcoin (BTC), the flagship cryptocurrency, is preparing for its public launch. During the course of the next two weeks, the tBTC project is planning to introduce its technical infrastructure with the help of more than 40 digital… Read More

Giant VC Firm Andreessen Horowitz Is Planning to Secure $450 Million in Capital for its Second Cryptocurrency-focused Fund

Silicon Valley-based venture capital firm Andreessen Horowitz (a16z) is planning to secure $450 million in capital for its second digital asset-focused fund, according to a recent report from the Financial Times (FT). Sources familiar with the matter told the FT that the giant VC firm… Read More

Andreessen Horowitz and Coinbase Ventures-backed Celo Foundation to Challenge Libra Stablecoin Project

The Facebook-led Libra stablecoin project might now have some competition. The Celo Foundation has managed to sign up 50 organizations to its “Alliance for Prosperity” program, which aims to enable greater financial inclusion by leveraging blockchain technology and helping people transact with digital assets. Giant… Read More

Blockchain Startup Arweave, a Permanent Storage Solution Provider, Secures $8.3 Million in Funding from Andreessen Horowitz, Coinbase Ventures, Others

Blockchain startup Arweave, a firm focused on enabling the permanent storage of Internet-based content, has secured $8.3 million in funding from giant VC firm Andreessen Horowitz, Coinbase Ventures, and Union Square Ventures.  Andreessen Horowitz and Union Square Ventures have also invested in the firm’s operations… Read More

Veteran Digital Asset Investor Arianna Simpson Joins Giant VC Firm Andreessen Horowitz as Deal Partner

Veteran digital asset investor Arianna Simpson, who has been into crypto “before it was cool,” will reportedly be joining giant venture capital firm Andreessen Horowitz as a deal partner. Simpson, the founder and managing director at crypto-asset hedge fund Autonomous Partners, confirmed the news on… Read More

Andreessen Horowitz-backed Internet Computer Developer Dfinity Unveils Demo of “Open Version” of LinkedIn

Decentralized cloud computing developer Dfinity, which notably secured $102 million back in 2018, has unveiled what appears to be an “open version” of giant professional social network LinkedIn, referred to as “LinkedUp.” The LinkedUp app has reportedly been launched on Dfinity’s decentralized “Internet Computer,” instead… Read More

Food Pickup App Snackpass Secures $21 Million via Series A Round Led by Venture Capital Firm Andreessen Horowitz

Snackpass, a food pickup app that has a loyalty rewards program that works in a manner that’s somewhat similar to a social media platform, recently secured $21 million via a Series A round led by giant venture capital firm Andreessen Horowitz. Snackpass says it now… Read More

VC Powerhouse Andreessen Horowitz Presenting Free “Crypto Startup School” in February

Prolific Silicon Valley VC firm Andreessen Horowitz is offering a free seven-week program starting in late February 2020 called the “a16z Crypto Startup School.” Famous for being one of the early backers of Facebook and Instagram, Andreessen Horowitz has added a number of cryptocurrency/ “blockchain”… Read More

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