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A16z Exec Blasts Meme Coins: They Make Crypto Look ‘Like a Risky Casino’

Eddy Lazzarin, CTO of A16z Crypto, one of the largest cryptocurrency-focused venture capital funds, has criticized the meme coins’ effect on the broad appreciation of the cryptocurrency market. Lazzarin stated…

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Eigen Labs Secures $100 Million A16z Investment for Ethereum Protocol Expansion

On Thursday, the Eigen Labs development team, responsible for the Eigenlayer restaking protocol, announced a $100 million investment from A16z Crypto. This substantial funding comes after the project’s $50 million…

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Web3 Privacy Layer Aztec Raises $100 Million in Series B Funding Round to Produce an Encrypted Version of Ethereum

Aztec, a Web3 privacy layer, has raised $100 million in a Series B funding round led by the Andreessen Horowitz subsidiary a16z crypto. The organization, which already offers privacy-based services…

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Uniswap’s $165 Million Series B Capital Raise One of the Largest by a Crypto Firm in 2022

Uniswap Labs, the firm behind the Uniswap decentralized exchange protocol, announced on Thursday that it raised $165 million in a Series B funding round. According to one report, the capital…

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Sui Developer Mysten Labs Raises $300 Million to Address Web3 Scalability

Mysten Labs, developer of a new blockchain project called Sui, raised $300 million in its latest funding round. The round, which was led by FTX ventures, also had the support…

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