Andreessen Horowitz News

The company has brought former United States CFTC commissioner Brian Quintenz aboard its operation.

Syndicate’s vision for decentralized autonomous organizations was one of the biggest selling points for Andreessen Horowitz.

HNT price hit a three-month high after the network’s active nodes surpassed 100,000 and the project raised $111 million through a token sale.

Andreessen Horowitz is behind yet another major blockchain funding round. This time, Helium has raised significant capital to expand its decentralized 5G network.

Marc Andreessen, co-founder and general partner at the VC firm Andreessen Horowitz, says crypto represents the latest, most significant transformation of the tech industry.

OpenSea also announced expanded support with Polygon, and noted that “Buyers no longer have to pay blockchain fees when making trades on OpenSea.”

Arianna Simpson has been a general partner at 16z for more than a year as the venture capital firm has led several high-profile raises for crypto and blockchain companies.

The Series A fundraiser was led by Andreessen Horowitz, with participation from Variant Fund, Jump Capital, DeFi Alliance and Solana Foundation. Angel investors from Compound, dYdX and Ethereum Foundation also participated.

The investment round will allow Nansen to continue building its analytics suite while also expanding its services to emerging networks like Polygon and Binance Smart Chain.

Chainalysis has secured hundreds of millions of dollars in the second quarter as venture firms allocate more resources to the emerging blockchain sector.

The Silicon Valley venture firm is doubling down on blockchain technology, having already supported several crypto startups over the years.

Deutsche Telekom’s T-Systems MMS is now a public validator on Celo via its Open Telekom Cloud infrastructure.

Andreessen Horowitz and Polychain Capital led the raise, with additional contributions from Alameda Research, Blockchange Ventures, CMS Holdings, Coinfund, CoinShares, Collab Currency, Memetic Capital and many others.

Talos seeks to accelerate institutional adoption of digital assets. It now has some of the industry’s biggest backers supporting its mission.

The Dfinity Foundation has launched a fund of around $223 million to support development on its decentralized Internet Computer network.