A16z
Mastercard Acquires Blockchain Analytics Firm CipherTrace
Payments giant Mastercard announced the acquisition of crypto intelligence company CipherTrace to enhance its crypto capabilities. CoinDesk’s Nikhilesh De discusses the move, explaining why he thinks “this is clearly a sign of more to come.” Plus, what to make of the SEC’s relationship with Coinbase and former crypto-friendly regulator Brian Quintenz joining VC firm a16z.
A16z, Ohanian, Snoop Dogg Back DAO-Builder Syndicate in $20M Series A
Following a small-but-mighty round earlier this year, Syndicate now has an investor roster of over 150.
A16z Details Its New Approach to Crypto Governance
Perhaps the most powerful force in decentralized finance (DeFi) governance, venture capital (VC) giant Andreessen Horowitz (a16z), said it would “open source” its DeFi delegation procedures. The move comes after a pair of controversial votes in Uniswap’s DAO governance system.
A16z Leads $4.6M Investment in Yield Guild Games
The funding will be used to invest in virtual worlds in the play-to-earn space.
Crypto Alluring User-Owned Networks
"The Hash" team discusses the burgeoning world of user-owned networks: World Mobile is rolling out a mesh network to bring internet connectivity to Tanzania, former Apple CEO Gil Amelio joins the Cirus blockchain-powered data ownership project as an adviser, and A16z leads a Helium token-powered decentralized telecommunications project. With the rise of decentralized token-incentivized models that provide real-world services, is crypto at the tipping point for these networks to actually work?
A16z, BlockTower, Alameda Back $12.5M Round for TrustToken
BlockTower Capital, Andreessen Horowitz (a16z) and Alameda Research led the round by purchasing TRU, TrueFi’s native token.
Crypto Fintech Eco Raises $60M for High-Yield USDC Savings App
The a16z-backed Eco, a fiat deposit-taking, cashback-granting digital wallet and stablecoin lender, which loans out users’ deposits in USDC, raises another $60 million to propel its crypto-powered banking app. "The Hash" discuss the outlook for Eco as regulators turn up the pressure on stablecoins.
NFT Marketplace OpenSea Valued at $1.5B in $100M Funding Round Led by A16z
Non-fungible token (NFT) marketplace OpenSea is the latest crypto unicorn with a total valuation of $1.5 billion after a $100 million Series B round that closed Tuesday, led by Silicon Valley’s best-known VC, Andreessen Horowitz (a16z).
Titan Raises $58M in Series B Round Led by A16z
The company is a mobile-first investment platform that allows clients to have their capital actively managed in long-term strategies.
