a16z Crypto Pledges $23M for Bipartisan US Regulations
a16z Crypto pledged $23M to Fairshake, increasing its total to over $78M for bipartisan US crypto regulation amid $169M from crypto firms for the 2024 elections. On Monday, a16z Crypto announced that it would provide Fairshake with an additional $23 million in funding, in exchange for bipartisan support of US cryptocurrency rules. As a result […]
Story Protocol Secures $80M in Series B Funding
Story Protocol has recently secured $80M in a Series B funding round co-led by a16z Crypto and Polychain Capital. The development of Story Protocol, a layer-1 blockchain expressly designed for managing intellectual property (IP), is being supported by a $80-million Series B funding round co-led by a16z Crypto and Polychain Capital. PIP Labs, a Palo […]
a16z Leads Major Funding, Boosting PIP Labs Valuation to Over $2 Billion
a16z has led a $80 million funding round for PIP Labs, the developer of Story Protocol, bringing the company’s valuation above $2 billion. Venture capital firm a16z has supported PIP Labs in a new $80 million funding round that attracted participation from major companies. This round has boosted the firm’s valuation to over $2 billion, […]
Bastion Secures 2 Money Transmitter Licenses in US
Bastion, a new cryptocurrency startup founded by two former Andreessen Horowitz (a16z) executives, has been granted two money transmitter licenses (MTL) in the United States. Bastion has obtained its first two MTL licenses in New Hampshire and Arkansas, the company announced on October 31. The new licenses issued by the New Hampshire Banking Department and […]
Andreessen Horowitz Expands Crypto Presence With London Office
Andreessen Horowitz, a leading U.S. venture capital firm and cryptocurrency investor, announced on Sunday that it would open its first international office in London later this year. The move comes amid increased regulatory scrutiny of the crypto sector in the U.S. The London office will be part of the firm’s a16z crypto fund, launched in […]