A16Z News

Web3-focused venture firm A16z Crypto doubled its donation amount to major blockchain super PAC Fairshake.

The blockchain gaming sector witnessed an unprecedented influx of investment capital in April, securing $988 million in funding. Although the first quarter of 2024 saw a cautious approach with a total of $288 million raised among blockchain gaming startups, the…

a16z crypto’s CTO, Eddy Lazzarin, warns that memecoins are reshaping perceptions of the market, likening their resemblance to a risky casino. Memecoins are more akin to a “risky casino” than to a useful product, as they badly affect the crypto…

A new crypto startup Neoclassic Capital founded by former employees from Goldman Sachs, BlockTower raised funding from Marc Andreessen, Chris Dixon, and Jeff Vinik. A pair of alumni from banking giant Goldman Sachs, BlockTower Capital secured funding for their new…

Venture capital veterans as well as crypto management firms have lined up to back 1kx’s new fund focused on crypto consumer apps. Crypto investment firm that specializes in ecosystem growth 1kx has oversubscribed its early-stage venture fund to back crypto…

In early December 2021, a Kickstarter crowdfunding startup received an investment offer in exchange for transforming into a web3 company.

Andreessen Horowitz (a16z), a Silicon Valley-based venture capital firm, is recalibrating its investment strategy. The company is aiming to raise $6.9 billion for new funds with a focus on artificial intelligence (AI). This shift puts the brakes on its crypto…

Venture capital firms have shown a growing interest in cryptocurrency startups, with February witnessing a significant uptick in investments.

As U.S. elections gear up, crypto businesses funnel funds into a political action committee, backing crypto-friendly candidates. Crypto exchange Coinbase, venture firms Andreessen Horowitz (a16z) and Electric Capital, as well as fintech company Ripple, have collectively contributed tens of millions…

Startup for passive income, Grass, has raised 3.5 million in seed funding to become a decentralized oracle for artificial intelligence (AI). Wynd Network, the developers behind the Grass project, have announced the successful closure of a $3.5 million seed funding…

A16z is leading Dynamic Labs' $13.5 million series A round, as the web3 authenticator platform streamlines wallet access and ensures web3 login accessibility. 

Analysts at a16z crypto believe crypto technology can be used to track the origin of artificial intelligence-generated content. Decentralized ledgers have the potential to deconcentrate and make safer artificial intelligence (AI) innovation as hundreds of tech leaders around the world…

The dYdX team is about to unlock 30% of DYDX supply to investors on the dYdX chain, causing the price of the token to fall as much as 7%. Decentralized exchange dYdX is set to unlock 30% of DYDX supply…

On Nov. 16, a16z shared the release of its annual State of Crypto Report, which considers the impact of blockchains for policymakers considering the future of emerging technology in the United States.

UK-based Pimlico has raised $4.2 million in a seed funding round led by a16z crypto, aiming to improve the Ethereum network by introducing versatile smart accounts through ERC-4337.

Bastion, a cryptocurrency startup founded by former executives from Andreessen Horowitz, has recently acquired two money transmitter licenses in New Hampshire and Arkansas, expanding its ability to offer digital asset services in the United States.