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Crypto Giants Scramble for Spot on Trump’s Promised Advisory Board: Report

Crypto Giants Scramble for Spot on Trump’s Promised Advisory Board: Report

Blue-chip crypto firms are reportedly scrambling to obtain a spot on President-elect Donald Trump’s promised advisory board. According to a new report by Reuters, US crypto industry giants – including payments firm Ripple Labs, crypto exchange Kraken, stablecoin issuer Circle, and venture capitalist firm Andreessen Horowitz – are all currently competing for spots on Trump’s […]

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Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Andreessen Horowitz Says Future of Crypto in US Is Bright, Sees Digital Asset Pathway to Regulatory Clarity

Andreessen Horowitz Says Future of Crypto in US Is Bright, Sees Digital Asset Pathway to Regulatory Clarity

Top executives at the venture capital giant Andreessen Horowitz (a16z) believe that the United States is now on the verge of embracing the crypto industry. In a new company blog post, a16zcrypto’s Miles Jennings, general counsel, Michele Korver, regulatory head, and Brian Quintenz, head of policy, say that the outcome of the November 5th US […]

The post Andreessen Horowitz Says Future of Crypto in US Is Bright, Sees Digital Asset Pathway to Regulatory Clarity appeared first on The Daily Hodl.

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

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

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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Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Andreessen Horowitz (a16z) Says There Is Likely 30–60 Million ‘Real’ Monthly Crypto Users

Andreessen Horowitz (a16z) Says There Is Likely 30–60 Million ‘Real’ Monthly Crypto Users

Researchers at the venture capital giant Andreessen Horowitz (a16z) estimate there are tens of millions of “real” monthly crypto users. Calculating crypto users can be difficult because people are often incentivized to create multiple public addresses for security or things like airdrop farming, according to a new analysis conducted by Eddy Lazzarin, the chief technology […]

The post Andreessen Horowitz (a16z) Says There Is Likely 30–60 Million ‘Real’ Monthly Crypto Users appeared first on The Daily Hodl.

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Executives From Coinbase, Ripple and Another Crypto Firm Now Making Their Case to Republican Power Brokers: Report

Executives From Coinbase, Ripple and Another Crypto Firm Now Making Their Case to Republican Power Brokers: Report

Top crypto firms in the US are reportedly sending delegations to the Republican National Convention in Milwaukee this week.

The post Executives From Coinbase, Ripple and Another Crypto Firm Now Making Their Case to Republican Power Brokers: Report appeared first on The Daily Hodl.

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Crypto-Friendly VC Andreessen Horowitz Backs Trump Campaign

Crypto-Friendly VC Andreessen Horowitz Backs Trump CampaignMarc 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” […]

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Andreessen Horowitz raises $7.2B for new venture funds

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.

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Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Layer-2 Builder Espresso Systems Raises $28,000,000 in Andreessen Horowitz-Led Funding Round

Layer-2 Builder Espresso Systems Raises ,000,000 in Andreessen Horowitz-Led Funding Round

The blockchain infrastructure project Espresso Systems has raised $28 million in a Series B funding round led by investment giant Andreessen Horowitz (a16z). Espresso aims to increase interoperability between Ethereum (ETH) rollups by building a marketplace where rollups can sell the right to build their blocks to bidders. Rollups are solutions that execute transactions outside […]

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Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Venture Capital Giant Andreessen Horowitz Pumps $100,000,000 Into Team Behind Ethereum Restaking Protocol

Venture Capital Giant Andreessen Horowitz Pumps 0,000,000 Into Team Behind Ethereum Restaking Protocol

Venture capital giant Andreessen Horowitz has invested $100 million in the development team behind EigenLayer, a restaking protocol built on Ethereum (ETH). Ali Yahya, a general partner at Andreessen Horowitz (also known as a16z), predicts that the EigenLayer will expand Ethereum’s capabilities. “EigenLayer is a set of smart contracts on Ethereum that creates a two-sided […]

The post Venture Capital Giant Andreessen Horowitz Pumps $100,000,000 Into Team Behind Ethereum Restaking Protocol appeared first on The Daily Hodl.

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy