Tagged: a16z

June 17, 2025 @ 9:12 am By JD Alois  |  

a16z is investing $70 million in EigenLayer, the largest restaking protocol on Ethereum, with over $12 billion in total value locked (TVL). a16z previously committed $100 million in EigenLayer for its series B funding round. The $70 million was for EigenLayer tokens. a16z said the… Read More

January 25, 2025 @ 5:19 pm By JD Alois  |  

Andreessen Horowitz’s crypto business, or a16zcrypto, is exiting the UK market. a16z opened its London office in 2023, intending to create a Crypto Startup School accelerator program. Via X, Anthony Albanese, head of crypto at a16z, said that while they are excited about crypto development in… Read More

October 17, 2024 @ 6:37 pm By Omar Faridi  |  

a16z has shared the State of Crypto Report 2024, which examines data on swing states, stablecoins, AI, builder energy, and offers other key insights. Daren Matsuoka, Robert Hackett, and Eddy Lazzarin noted that when they launched their very first annual State of Crypto report two… Read More

April 21, 2024 @ 10:29 am By Omar Faridi  |  

Andreessen Horowitz has reportedly raised $7.2B for the following venture strategies: American Dynamism ($600M), Apps ($1B), Games ($600M), Infrastructure ($1.25B), and Growth ($3.75B). This marks an important milestone for the firm. When Marc and Ben Horowitz started the firm in 2009, the conventional wisdom in… Read More

January 27, 2024 @ 4:38 pm By Omar Faridi  |  

Eco Inc, the crypto payments company with $95 million in funding from a16z, Coinbase Ventures, and other top technology investors, announced the acquisition of Join, a stablecoin-powered shopping app. This acquisition aligns with Eco’s vision to “create a more efficient, decentralized payment system, breaking away… Read More

December 29, 2023 @ 10:23 am By Omar Faridi  |  

VC firm Andreessen Horowitz has shared a comprehensive crypto-assets and blockchain ecosystem update / recap as we all get ready to enter “a new era of decentralization.” According to a16z, we keep seeing over and over again that when control of a powerful system or… Read More

November 8, 2023 @ 5:16 pm By Omar Faridi  |  

Black Ore, an AI platform for financial services, launched today and announced $60 million in financing led by a16z and Oak HC/FT. The company plans to use the funds from the investment round to onboard new customers, “grow its team, and accelerate the development of… Read More

September 18, 2023 @ 7:05 pm By JD Alois  |  

Emerging from stealth mode, Bastion says it has raised $25 million in seed funding. The company was founded by Andreessen Horowitz (a16z) alums and, of course, a16z Crypto led the funding round that also received the backing of Autograph, Laser Digital Ventures, Not Boring Capital,… Read More

July 28, 2023 @ 7:26 pm By Omar Faridi  |  

Jeeves, a financial operating system built for global companies, backed by investors including Andreessen Horowitz (a16z), CRV, and Tencent, has expanded its product offering to include prepaid cards and cross-border payments. Jeeves launched publicly 22 months ago “with corporate credit cards as its initial product… Read More

June 12, 2023 @ 8:38 am By Omar Faridi  |  

Andreessen Horowitz (a16z) announced that it will open its first international office in London and that it is planning the next Crypto Startup School accelerator program “to take place in the UK in Spring 2024.” a16z’s U.K. office will allow it “to work closely with… Read More

October 18, 2022 @ 6:39 pm By JD Alois  |  

a16z (Andreessen Horowitz) has relaunched its Crypto Startup School (CSS), while expanding the program into a crypto accelerator, according to a blog post. a16z is one of the best-known VCs in Silicon Valley. While backing various industry sectors, including Fintech, a16z has emerged as a… Read More

August 15, 2022 @ 11:18 am By JD Alois  |  

Andreessen Horowitz (a16z) has committed $350 million to WeWork founder Adam Neumann’s new startup Flow, which is scheduled to launch in 2023. According to reports, a16z invested the funds in the startup at a $1 billion valuation. In a blog post, a16z outlined the premise… Read More

June 7, 2022 @ 9:32 am By JD Alois  |  

Adim, an entertainment-tech company “composed of storytellers,” has raised $5 million in a Seed round led by a16z. Co-founded by Rob McElhenney, Chase Rosenblatt, Melissa Kaspers, Spencer Marell, and Richard Rosenblatt, Adim’s mission is to usher in “more accessible and rewarding future for entertainment by… Read More

May 25, 2022 @ 9:28 am By Omar Faridi  |  

Since the advent of computing in the 1940s, there has been a “major computing cycle” every 10-15 years, including PCs in the ‘80s, the internet in the ‘90s, and mobile computing in the ‘00s. The team at Andreessen Horowitz believes that blockchains will “power the… Read More

April 26, 2022 @ 8:08 pm By JD Alois  |  

As was noted last week, this past January the Securities and Exchange Commission (SEC) proposed amendments to the Exchange Act and the definition of an Exchange as well as Regulation ATS (Alternative Trading System). While described in relatively benign terms, the language of the proposed… Read More

March 23, 2022 @ 8:03 am By Omar Faridi  |  

Katie Haun, a former federal prosecutor, is currently focused on cryptocurrency investing. Her VC company has acquired $1.5 billion in capital. Haun Ventures confirmed the launch of a $500 million early-stage fund and another $1 billion in funding for more established firms that are focused… Read More

March 15, 2022 @ 10:17 pm By Tony Zerucha  |  

Rutter, a Fintech building a universal commerce API, or “Plaid for Commerce” has raised a $27M Series A financing round led by a16z. This round also includes participation from new and existing investors including Comma Capital, Basis Set Ventures, Haystack, Mischief Capital, The Chainsmokers and… Read More

March 15, 2022 @ 9:57 am By JD Alois  |  

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

December 30, 2021 @ 8:42 am By Omar Faridi  |  

Ontology Network, which claims to be a high performance, open-source blockchain specializing in digital identity and data, notes that VC firm a16z is entering the DAO field via strategic investments into various DAO initiatives, like the recent investments in social DAO project, FWB. Since last… Read More

December 15, 2021 @ 11:08 am By JD Alois  |  

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