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

Eigen Labs Secures 0 Million A16z Investment for Ethereum Protocol ExpansionOn 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 Series A round in March 2023. Eigenlayer’s Development Team, Eigen Labs, Garners $100M from A16z Crypto Eigen Labs has secured a $100 million investment from […]

The Runes Economy: Navigating the Booming Market of Bitcoin-Derived Tokens

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

Web3 Privacy Layer Aztec Raises 0 Million in Series B Funding Round to Produce an Encrypted Version of EthereumAztec, 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 for a slew of Ethereum-based apps, will now focus on constructing an encrypted version of Ethereum, allowing individuals and organizations to transact privately. Aztec Raises […]

The Runes Economy: Navigating the Booming Market of Bitcoin-Derived Tokens

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

Uniswap’s 5 Million Series B Capital Raise One of the Largest by a Crypto Firm in 2022Uniswap 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 raise, which sees Uniswap Labs’ valuation rise to $1.66 billion, is the largest by any crypto firm in 2022. Uniswap Completes $165M Capital Raise, Decentralized […]

The Runes Economy: Navigating the Booming Market of Bitcoin-Derived Tokens

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

Sui Developer Mysten Labs Raises 0 Million to Address Web3 ScalabilityMysten 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 of A16z crypto, Jump Crypto, Apollo, Binance Labs, Franklin Templeton, and Coinbase Ventures, among others. The funds will be directed to continue growing Sui’s infrastructure […]

The Runes Economy: Navigating the Booming Market of Bitcoin-Derived Tokens

Andreessen Horowitz Launches A16z Crypto Research Lab

Andreessen Horowitz Launches A16z Crypto Research LabA16z, also known as Andreessen Horowitz, the venture capital (VC) company that has invested millions in crypto-related projects, has announced the launch of its own crypto research lab. This new initiative seeks to marry academic research with producing ideas and putting them into practice in startups and organizations in which the company is heavily invested. […]

The Runes Economy: Navigating the Booming Market of Bitcoin-Derived Tokens