# A16Z News

Is a True “Stablecoin” Cryptocurrency Possible?

Crypto Fund a16z Buys Up $15 Million Worth of MakerDAO’s MKR Stablecoins

September 24, 2018 by Priyeshu Garg at 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...

Andreessen Horowitz’s Cryptocurrency Fund Makes its First Investment

July 11, 2018 by Shaurya Malwa at 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...