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The startup fund, which is backed by Babel Finance and Huobi Ventures, will back emerging projects that are building for the Web3 and metaverse economies. Go to Source Powered by WPeMatico
“GAMES FUND ONE” will invest in game studios, consumer apps and game infrastructure providers with a16z saying the industry has “solved many of the problems” needed to make a Metaverse. Go to Source Powered by WPeMatico
“Ethereum’s overwhelming mindshare helps explain why its users have been willing to pay more than $15 million in fees per day on average just to use the blockchain,” a16z stated. Go to Source Powered by WPeMatico
PayPal-backed crypto firm Talos has raised fresh funding from companies like Ken Fox’s private equity firm Stripes, BNY Mellon, Citi and others. Go to Source Powered by WPeMatico
HBAR Foundation, bloXroute, GamerGains, Spruce, Venly, Playmint and Oasis.app headline the latest funding deals from the world of blockchain. Go to Source Powered by WPeMatico
A16z, also known as Andreessen Horowitz, the venture capital (VC) company that has invested millions in crypto-related projects, has announced the launch of its own crypto research lab. This new initiative seeks to marry academic research with producing ideas and putting them into practice in startups and organizations in which the company is heavily invested. … Read more
Following his appointment as head of research, Tim Roughgarden stated that a16z’s funding into crypto research will grow by “many multiples of the next couple of years.” Go to Source Powered by WPeMatico
Chris Dixon has topped the Forbes “Midas List” as the most successful venture capital investor in 2022. Go to Source Powered by WPeMatico
Filings reveal the massive amount of assets that crypto venture funds are managing, Andreessen Horowitz’s (a16z) crypto funds were also disclosed to be worth around $9 billion. Go to Source Powered by WPeMatico
Layerzero Labs, the firm behind the interoperability protocol Layerzero, has revealed the company has raised $135 million in a Series A+ finance round led by Andreessen Horowitz (a16z), FTX Ventures, and Sequoia Capital. The new financing brings Layerzero Labs’ overall valuation to $1 billion and the funds will be leveraged to develop cross-chain decentralized applications … Read more
