-
Will Twitter Get More Crypto-Friendly With Musk's Investments From Binance And a16z?
Friday, May 6, 2022 - 9:33am | 793Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has landed backers for his buyout of social media platform Twitter Inc (NYSE: TWTR). What Happened: Agreements were reached with 19 total investors, including 18 new companies to help facilitate Musk’s $44 billion buyout of Twitter. Among the investors...
-
Elon Musk's $400M Backing From a16z For Twitter Also Brings Facebook In The Picture
Friday, May 6, 2022 - 5:23am | 470Andreessen Horowitz’s bid to join Tesla Inc (NASDAQ: TSLA) CEO Elon Musk in his takeover of Twitter Inc (NYSE: TWTR) could reportedly spur a conflict or two. What Happened: The Silicon Valley venture capital firm's involvement in the Musk-Twitter deal...
-
Andreessen Horowitz Said To Dedicate $500M To Indian Startups As Country Hits '100 Unicorns' Milestone
Tuesday, May 3, 2022 - 2:38am | 380As India hits the 100 unicorn startups mark, the country is turning out to be a lucrative deal for investors worldwide. In a recent move, Silicon Valley-based venture capital firm Andreessen Horowitz, which made its maiden investment in the country last year, is looking to invest about $500...
-
Meet Everyrealm, The Virtual Land Company Backed By Coinbase, Dapper Labs, Will Smith, The Weeknd And Even More Celebrities
Friday, March 25, 2022 - 12:06pm | 738Land sales in virtual worlds such as The Sandbox (CRYPTO: SAND) and Decentraland (CRYPTO: MANA) have skyrocketed over the past year. One company is attracting investments from big investors and celebrities as it buys up virtual land and attempts to be a huge company inside the...
-
New 'Blue Chip NFT' Fund Launches With Andreessen Horowitz Team, Alexis Ohanian Among Investors
Friday, March 11, 2022 - 4:49pm | 526A fund is launching to buy and hold non-fungible token artwork as a new investment vehicle. Here are details and some of the big names involved that you need to know. What Happened: The NFT fund, Curated, is launching with $30 million in funding from a leading team of...
-
Bored Ape Yacht Club Parent Yuga Labs Could Be Worth $5B: Report
Thursday, February 3, 2022 - 2:46pm | 508The company behind one of the largest and most well-known non-fungible token collections could be valued at $5 billion in a new funding round, according to a report. What Happened: Yuga Labs is in financing talks with Andreessen Horowitz valuing the company at $5 billion, according to the...
-
Reddit Co-Founder Raises $500M For Crypto Startups
Wednesday, February 2, 2022 - 10:40am | 389Alexis Ohanian, the co-founder of social media platform Reddit, has reportedly raised $500 million with the intent to invest primarily in crypto startups. What Happened: According to a report from The Wall Street Journal on Tuesday, Ohanian’s venture firm 776 Management LLC will deploy the...
-
Andreessen Horowitz Plans To Raise $4.5B For New Crypto Funds
Thursday, January 20, 2022 - 11:30am | 303Silicon Valley-based venture capital firm Andreessen Horowitz, or a16z, plans to raise $4.5 billion for a new series of cryptocurrency funds. What Happened: The firm intends to raise $3.5 billion for its latest crypto venture fund and $1 billion for another fund focused on seed investments in...
-
Opensea Valuation Hits New Record $13B With Increased Surge In Volume: Report
Tuesday, January 4, 2022 - 4:55pm | 565Leading NFT marketplace OpenSea could hit a new record valuation as a private company, according to a recent report. What Happened: OpenSea is in talks to raise funds at a valuation of $13 billion, according to Newcomer and author Eric Newcomer. The new funding round would be led by Coatue,...
-
Could An Anticipated Reddit IPO Give Tencent A Value Boost? What Investors Should Know
Saturday, December 18, 2021 - 1:40pm | 535A Reddit IPO could be among the biggest stock market topics for 2022. One publicly traded conglomerate may stand to benefit from the IPO, thanks to being involved in several funding rounds. What Happened: Reddit has filed paperwork to go public. The move comes after the company was valued at $...
-
OpenSea Nearing $10B Valuation Four Months After Having A $1.5B Valuation: Report
Thursday, November 18, 2021 - 1:43pm | 570A new report making the rounds shows leading non-fungible token (NFT) marketplace OpenSea is seeing impressive growth and sales milestones and has landed a huge increase in value. What Happened: NFT marketplace OpenSea is being handed a $10 billion valuation, according to a report...
-
OpenSea Hits $10 Billion Sales Volume Milestone: What Investors Should Know And How It Could Be Good News For Coinbase
Monday, November 8, 2021 - 6:21pm | 530The largest non-fungible token (NFT) marketplace has hit another impressive milestone in 2021 amidst growth in that market. What Happened: OpenSea has surpassed the $10 billion sales volume milestone, just three months after passing the $1 billion mark. The milestone was broken down by...
-
Axie Infinity Parent Sky Mavis Raises $152M: Why It's Important
Tuesday, October 5, 2021 - 2:26pm | 486One of the most successful non-fungible token projects of all time announced a new funding round Tuesday. What Happened: Sky Mavis announced a $152-million Series B funding round. The funding was led by Andreessen Horowitz (a16z). Other investors included Accel, Paradigm, Samsung Next and Seven...
-
Coinbase, Andreessen Horowitz, Ashton Kutcher, Snoop Dogg Back DAO Creator Syndicate: What You Should Know
Wednesday, September 1, 2021 - 11:16am | 505One of the growing trends in the NFT market is the strengthening the community and valuation of a project with future airdrops and exclusive items for holders. One area of growing interest: DAOs, or decentralized autonomous organizations. A company looking to grow DAOs has raised $20 million...
-
PUNKS Comic: What You Should Know About This Surging NFT That's Attracting Venture Capitalist Money
Monday, August 16, 2021 - 11:51am | 795Volume and demand for non-fungible tokens have been surging. One project that is climbing up the leaderboards is PUNKS Comic, an NFT comic series drawn by Marvel and DC Comics artist Chris Wahl. A burning mechanism, new NFT launch and more items for PUNKS are attracting venture capitalists to the...