Nike-owned NFT wearables RTFKT to sunset in January
The Nike-owned company received investment funding from Andreessen Horowitz during the peak of NFT summer in 2021. Go to Source
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Lawsuits could be catastrophic for DAOs if denied ‘limited liability’
The VC firms sued in a California case were active in DAO management, much like general partners, said the court. They could face hefty lawsuits. Go to Source
ai16z token rockets 50% after nod from top venture firm
An X post from a16z’s Chief Technology Officer helped send the AI-led DAO’s token soaring. Go to Source
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.” Go to Source
a16z-backed onchain messaging platform Towns officially launches
The same team behind Towns also created River Protocol, which enables transparency, security and decentralization in the new messaging app. Go to Source
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” … Read more
Pantera Capital seeks $1B for a new crypto fund: Report
The Pantera Fund V will invest in a range of blockchain-based assets and is slated for launch in April 2025. Go to Source
Blockchain-Focused Super Pac Raises Millions From Crypto Magnates in January
According to a recent report, a super political action committee (PAC) focused on the cryptocurrency industry has secured $4.9 million in contributions from Cameron Winklevoss and Tyler Winklevoss. Additionally, the super PAC named Fairshake amassed $6.3 million in funds last month, as per records from the federal elections. Crypto Leaders Amplify Blockchain PAC’s Influence With … Read more
Crypto startup Bastion secures money transmitter licenses in US
Launched in September by two former Andreessen Horowitz executives, Bastion has acquired its first two money transmitter licenses in New Hampshire and Arkansas. Go to Source
Former Andreessen Horowitz execs launch Bastion after $25M funding round
The Web3 startup came out of stealth mode after a seed funding round led by a16z crypto, enabling firms to integrate web3 infrastructure into their existing enterprise technologies. Go to Source
