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Blockchain Life 2021
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#Andreessen Horowitz News
a16z Leads $25 Million Funding Round for Ethereum Layer-2 Scaling Solution Optimism
February 25, 2021 by
Aisshwarya Tiwari
at
Ethereum
Layer-2 scaling solution for Ethereum – Optimism – has found a major backer in Andreessen Horowitz. Andreessen Horowitz Leads $25 Million Round The race to become the first Layer 2 scaling solution to fix the high gas fees woes for the largest smart contracts platform is heating up. The demand...
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Andreessen Horowitz Stands up for Pro-Cryptocurrency Regulations
September 2, 2019 by
Ashwath Balakrishnan
at
Bitcoin
Renown venture capital and investment advisory firm, Andreessen Horowitz, held a conference on cryptocurrencies to which they invited companies and regulators who are dealing with this new industry. Marc Andreessen discussed the importance of cryptocurrencies, likening it to how the internet was viewed in its early days, as reported by...
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Facebook’s Crypto Project Gets Major Backing from Dozens of Industry Heavyweights
June 15, 2019 by
Aisshwarya Tiwari
at
Business
,
Development
Cryptocurrency media outlet The Block on June 14, 2019, revealed the complete list of stakeholders of Facebook’s high-profile digital currency project. Heavyweights Behind the Libra Project According to the report, a number of corporate titans from various industries are part of the governing association of Facebook’s cryptocurrency. The consortium, dubbed...
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University of Michigan Announces Investments in Andreessen Horowitz-backed Cryptocurrency Fund
February 23, 2019 by
Osato Avan-Nomayo
at
Adoption
,
Finance
,
Investment
,
News
The University of Michigan plans to increase its stake in a16z, the Andreessen Horowitz-backed cryptocurrency fund. This news is yet another indication of growing interest in virtual currency investments from endowments, family offices, public pension funds, and other institutional investors. Increasing the Stake in Crypto Arena The school announced the...
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VC Investors Broaden Blockchain Investment Scope
October 5, 2018 by
Priyeshu Garg
at
Blockchain
,
Business
,
Finance
,
News
,
Tech
As the ICO space continues to generate headlines, driven chiefly by the ICO boom of 2017 and the early part of 2018, traditional VC firms are making their presence felt in blockchain investment, which may come as a surprise to market observers. New data from Diar published on October 1,...
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