TradeBlock Receives $2.8 Million From Barry Silbert, Andreessen Horowitz
Digital currency data provider TradeBlock has received a significant funding from notable investors, reports the Wall Street Journal. The website, formed by two brothers, Greg and Jeff Schvey, stems from a previous project they worked on called Genesis Block. The investment is reported to have amounted to a whopping $2.8 million, lead by Andreessen Horowitz, and included other investors like SecondMarket and Bitcoin Investment Trust CEO Barry Silbert. Devonshire Investors (which, according to CrunchBase is the private investment arm of Fidelity Investments) and FinTech Collective also....
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Online cryptocurrency data and research provider TradeBlock has raised $2.8m in funding as part of a new investment round led by Andreessen Horowitz that also included SecondMarket CEO Barry Silbert, Devonshire Investors and FinTech Collective. For Andreessen Horowitz, the venture capital firm led by early internet pioneer Marc Andreessen, the move represents its latest major backing in the bitcoin ecosystem. The investment follows the firm's December investment in US-based bitcoin financial services provider Coinbase's $25m Series B round. TradeBlock, rebranded from The Genesis Block,....
Andreessen Horowitz, the Silicon Valley venture capital firm founded by Marc Andreessen and Ben Horowitz, has announced the launch of a $2.2 billion crypto fund. The firm is “radically optimistic about crypto’s potential to restore trust and enable new kinds of governance.” Andreessen Horowitz Launches $2.2 Billion Crypto Fund Andreessen Horowitz announced the launch of a new $2.2 billion crypto venture fund Thursday. The Silicon Valley venture capital firm, also known as “a16z,” was founded by Marc Andreessen and Ben Horowitz in 2009. Chris Dixon, Katie Haun,....
Andreessen Horowitz Plans to Put "Hundreds of Millions of Additional Dollars" Into Bitcoin Start-Ups
Marc Andreessen Flickr/Joi Ito. Some interesting information coming from a Wall Street Journal report (paywall) surrounding venture-capital firm Andreessen Horowitz and co-founder/partner Marc Andreessen (co-founder of Netscape Communications). The report, which makes note of the fact that Andreessen Horowitz has made investments of about $50 million in bitcoin-related products and services is planning to invest "hundreds of millions of additional dollars over the next few years." "I'm completely unfazed and plan to invest more," said Marc Andreessen on the topic to WSJ. Andreessen first....
Just recently Andreessen Horowitz has raised a whopping 1.5 billion dollars to invest in the next big technological breakthroughs. This injection of capital into Andreessen Horowitz could mean big things for Bitcoin-related and distributed ledger technology startups and projects. Andreessen Horowitz Loves Bitcoin. Andreessen Horowitz is one of the....
In May 2020, back when the crypto economy was still tumultuous from the coronavirus outbreak fears and gloomy global financial outlook, in general, the private venture capital firm Andreessen Horowitz (a16z) revealed the 500 million-dollar “Crypto Fund II.” A report published on May 27 by the tech writer Eric Newcomer indicates that Andreessen Horowitz is contemplating $2 billion in financing for the next crypto fund. Former Bloomberg Reporter Says ‘a16z in the Process of Tripling Down on Crypto’ The well known venture capital firm Andreessen Horowitz founded by....