a16z

Interoperability Protocol Asset Surges After a16z Acquires $55,000,000 Worth of the Project’s Native Asset

by
Interoperability Protocol Asset Surges After a16z Acquires $55,000,000 Worth of the Project’s Native Asset

An under-the-radar altcoin witnessed a mild jump in price on Thursday after the venture capital giant Andreessen Horowitz (a16z) announced it was investing $55 million in the token. Ali Yahya, a general partner at a16z crypto, announced the investment in ZRO, the native token of the omnichain interoperability protocol LayerZero. LayerZero aims to move data … Read more

Airdrops should get a ‘safe harbor’ from regulation, states a16z crypto head of policy

by
Airdrops should get a 'safe harbor' from regulation, states a16z crypto head of policy

Airdrops should be “safe, legal, and frequent,” a16z’s head of policy stated, advocating for a safe-harbor from regulatory enforcement. Crypto industry continues its push for more favorable crypto regulation. On Thursday, April 10, Miles Jennings, the head of policy and general counsel at venture capital firm a16z crypto, published a report advocating for easing regulations … Read more