Coinbase’s ‘Stand With Crypto’ creates NFT legal defense fund
Coinbase has emerged as a vocal advocate for the crypto industry in the face of ongoing regulatory crackdowns in the United States.This post was originally published on this site
Pip Labs Raises $80 Million at a $2.25 Billion Valuation to Protect IP via Blockchain
Pip Labs has raised $80 million in a Series B funding round led by VC firm A16z, reaching a valuation of $2.25 billion. The round aims to extend the development of Story, a blockchain aiming to tokenize and protect what Pip Labs calls the “multi-trillion-dollar” asset class of intellectual property (IP), offering frictionless systems for […]
PIP Labs secures $80M for Story Protocol, valuation hits $2.25B
Story Protocol’s Series B was co-led by a16z Crypto and Polychain Capital. The funds were targeted at developing its L1 blockchain, designed for IP tokenization.This post was originally published on this site
Crypto-Friendly VC Andreessen Horowitz Backs Trump Campaign
Marc Andreessen, co-founder of prominent venture capital firm Andreessen Horowitz, has announced his support for former President Donald Trump in the 2024 presidential race, citing Trump’s policies as more favorable for the tech industry and startup ecosystem. Andreessen, a self-described lifelong Democrat, explained his reasoning on the latest episode of “The Ben & Marc Show” […]
‘War on crypto’ — Newly filed letters lambast proposed SEC custody rules
Industry representatives have cast doubt on the legality and impact of the United States securities regulator’s proposal to expand custody rules.This post was originally published on this site
A16z’s hyped-up orange balls revealed to be an L2 rollup client
An earlier series of tweets sharing images of orange balls were the precursor to the announcement of a client for layer-2 solution Optimism.This post was originally published on this site
Decentralized Web3 Protocol Golden Raises $40 Million Backed by A16z
Golden, a startup that seeks to build a decentralized data hub, has raised $40 million dollars in a Series B funding round. The round, which was led by a16z crypto, will allow the company to keep building its concept, which revolves around combining data submission and validation with Web3-based token incentives. Golden Raises $40 Million […]
Moonbirds NFTs Raise $50M, Plans to Store Blue Chip NFTs ‘In Chain’
PROOF, the company behind the Moonbirds NFT collection, has announced their plans to launch their own token, as well as a new series of Moonbirds NFTs called the Mythics. For this reason, the company has raised $50 million, mostly sponsored by the a16z crypto venture capital. ANN: Investing in PROOF: Super thrilled to announce @a16z […]
Cryptoys Raises $23 Million to Mix NFTs, Gaming, and Virtual Toys
Cryptoys, an NFT-based startup, announced it has raised $23 million in a Series A funding round led by a16z. The company, which seeks to mix NFTs with the world of gaming and virtual toys, will create what it calls a “cryptoyverse,” in which it will also implement play-to-earn features and issue its own tokens. […]
A16z Launches $4.5 Billion Crypto Fund Focused on Web3 Opportunities
A16z, one of the most influential VC firms in the crypto field, has announced the launch of a new cryptocurrency fund to invest in the development of Web3 startups. This fourth crypto fund from the firm, which will launch with a budget of $4.5 billion dollars, is set to focus on several key fields in […]