a16z sees ‘greater flexibility to experiment’ with crypto under Trump

November 11, 2024 Coin Telegraph

A16Z

Legal and policy experts from the crypto arm of a16z are confident that “the future of crypto in the US is bright.”

The crypto arm of venture capital firm Andreessen Horowitz (A16z) said that there will be “greater flexibility to experiment” as the regulatory landscape for crypto improves in the United States.

“While we’ll likely have greater flexibility to experiment, we can’t forget that the fundamental regulatory principles applicable to blockchain systems remain unchanged,” it stated before adding that this means that “where there is trust, there is regulation” still applies.

A16z Crypto legal and policy experts Miles Jennings, Michele Korver, and Brian Quintenz shared their positive outlook for crypto regulations in a blog post on Nov. 10, days after Donald Trump’s presidential election victory on Nov. 6.

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Coinbase’s ‘Stand With Crypto’ creates NFT legal defense fund

September 13, 2024 Coin Telegraph

A16Z

Coinbase has emerged as a vocal advocate for the crypto industry in the face of ongoing regulatory crackdowns in the United States.

Stand With Crypto, a political advocacy group led by Coinbase, launched a legal defense fund for non-fungible token (NFT) projects, according to a Sept. 13 post on the X platform.

Dubbed the Creator Legal Defense Fund, the $6 million fund is backed by venture capital firm a16z and NFT marketplace OpenSea. According to Stand With Crypto's website, it is also backed by law firms, including Fenwick & West LLP, Goodwin Procter LLP, and Latham & Watkins LLP.

“With the SEC issuing OpenSea a Wells notice, as well as other attacks on artists and creators, it has become clear that those looking to build on blockchain technology will continue to face significant legal threats and challenges,” according to the website.

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Pip Labs Raises $80 Million at a $2.25 Billion Valuation to Protect IP via Blockchain

August 23, 2024 Bitcoin.com

Pip Labs Raises Million at a .25 Billion Valuation to Protect IP via Blockchain

A16Z

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 […]

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PIP Labs secures $80M for Story Protocol, valuation hits $2.25B

August 21, 2024 Coin Telegraph

PIP Labs secures M for Story Protocol, valuation hits .25B

A16Z

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.

Palo Alto-based startup PIP Labs has announced an $80-million Series B funding round co-led by a16z Crypto and Polychain Capital to support the development of Story Protocol, a layer-1 blockchain designed specifically for managing intellectual property (IP).

Several other investors participated in the round, including Hashed, Foresight Ventures, Samsung Next, Mirana Ventures, SparkLabs Global and angel investors. In total, PIP Labs has received $140 million in funding, with a16z Crypto participating in three funding stages, from seed to Series B.

According to Bloomberg, this latest round boosts the startup’s valuation to $2.25 billion, though PIP Labs has not confirmed or denied the figure.

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Crypto-Friendly VC Andreessen Horowitz Backs Trump Campaign

July 17, 2024 Bitcoin.com

A16Z

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” […]

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Fundraising in US via Token Sales Is an ‘Own Goal’ That Should Be Avoided at All Costs: a16z Crypto Lawyer

April 26, 2024 The Daily Hodl

A16Z

A lawyer with the crypto investment arm of venture capital giant Andreessen Horowitz (a16z) says web3 projects should not publicly sell tokens in the US to raise funds. In a new blog post, a16 Crypto general counsel Miles Jennings says that the U.S. Securities and Exchange Commission (SEC) has made it clear that Initial Coin […]

The post Fundraising in US via Token Sales Is an ‘Own Goal’ That Should Be Avoided at All Costs: a16z Crypto Lawyer appeared first on The Daily Hodl.

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Memecoins are ‘undermining’ the long-term vision of crypto, a16z CTO says

April 25, 2024 The Crypto Briefing

A16Z

Memecoins are popular among crypto's degen crowd, but among builders, they appear as something that undermines the industry's fundamentals.

The post Memecoins are ‘undermining’ the long-term vision of crypto, a16z CTO says appeared first on Crypto Briefing.

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a16z raises $7.2B for venture strategies, pushes for AI and Web3 gaming

April 17, 2024 The Crypto Briefing

A16Z

a16z just raised $7.2 billion for five of its venture strategies, with $600 million allocated for AI and gaming.

The post a16z raises $7.2B for venture strategies, pushes for AI and Web3 gaming appeared first on Crypto Briefing.

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Andreessen Horowitz raises $7.2B for new venture funds

April 17, 2024 Coin Telegraph

Andreessen Horowitz raises .2B for new venture funds

A16Z

The venture firm is putting $600 million of its billions into a new gaming fund — which includes Web3, GameFi and AI-integrated gaming projects.

Venture capital firm Andreessen Horowitz (a16z) said it raised $7.2 billion to invest across several tech sectors, including gaming and artificial intelligence — but isn’t putting any more toward crypto.

The firm’s “Growth” venture strategy — a bundle of funds backing a range of early-stage startups — will receive the largest chunk of the raise at $3.75 billion. Its "Infrastructure" and "Apps" will respectively receive $1.25 billion and $1 billion, a16z said in an April 16 statement.

Its Infrastructure strategy mostly focuses on funding teams in the AI, computing and data industries, while the Apps funds focus on consumer, enterprise and fintech application builders.

A16Z