Digital Asset lands $355M as a16z doubles down on Wall Street blockchain rails
[Update June 11, 1:50 pm UTC. Adds commentary from Yuval Rooz, cofounder and chief executive of Digital Asset, in the fourth and fifth paragraph] Digital...
Tag : A16z
Exa Labs raises $250 million in funding led by a16z
AI search startup Exa Labs has raised $250 million in a new funding round led by Bloomberg, pushing its post-money valuation to $2.2 billion. Summary...
US CLARITY Act will be a ‘boon for domestic innovation’: A16z
The US CLARITY Act, which aims to provide the US crypto industry with more regulatory clarity, could have a positive ripple effect beyond the crypto...
a16z says CLARITY Act’s Senate breakthrough could be crypto’s 1933 moment
The CLARITY Act’s bipartisan 15–9 Senate Banking vote moves a bill that could finally split SEC–CFTC jurisdiction and give crypto its first bespoke market‑structure law,...
Canton Network builder nears $300M raise led by a16z crypto
Digital Asset Holdings is reportedly raising about $300 million at a valuation near $2 billion, according to Bloomberg. Summary Digital Asset’s reported $300 million round...
a16z raises $2.2B for new fund backing stablecoins, prediction markets
The crypto-focused arm of venture capital firm Andreessen Horowitz has raised $2.2 billion for its fifth fund dedicated to backing crypto projects. In a blog...
‘Stablecoins’ are an outdated term from crypto’s early years: a16z Crypto
Stablecoins, the name given to cryptocurrencies pegged to the price of a stable asset such as the US dollar or gold, have outgrown their label...
A16z enters CFTC battle over state prediction market bans
Andreessen Horowitz has entered the growing fight over U.S. prediction markets. Summary A16z says state bans could weaken federally regulated prediction markets and reduce user...
A16z sides with CFTC against states seeking to ban prediction markets
A16z has thrown its weight behind the Commodity Futures Trading Commission (CFTC) in a growing federal-state standoff over prediction markets, opposing state regulators that try...
Silicon Valley’s ‘monitoring the situation’ MTS meme becomes a 24/7 news machine delivered by a16z
a16z is backing “Monitoring the Situation,” a 24/7 X livestream born from Polymarket meme culture, as tech VCs build their own news-industrial complex. Summary Andreessen...