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Tag: A16Z
Crypto Fund a16z Buys Up $15 Million Worth of MakerDAO’s MKR Stablecoins
Category: Altcoins, Business, Ethereum, Finance, Investment, News
Andreessen Horowitz’s specialized cryptocurrency and blockchain fund a16z crypto has purchased six percent of MakerDAO’s total MKR token supply for $15 million, the company announced in a September 24 press release. First Stablecoin Investment Investment fund a16z crypto has purchased six percent of the total MKR token supply for $15 million, marking the investment’s fund first encounter with cryptocurrencies. The…
Andreessen Horowitz’s Cryptocurrency Fund Makes its First Investment
Category: Altcoins, Bitcoin, Blockchain, Business, Investment, News, Tech
After the launch of a blockchain and crypto-focused hedge fund, Silicon Valley investment houseAndressen Horowitz (A16Z) has announced a $45 million funding in blockchain-based privacy emphasized cloud project “Oasis Labs.” The team emphasizes the importance of data security in a way that no other firms have done so far. The investment marks A16Z’s first investment from its $300 million cryptocurrency…
