A16z Exerts Control Over Uniswap by Downvoting BNB Chain Deployment
Crypto venture firm a16z has used its 15 million UNI token voting block to vote against a proposal that would use the Wormhole bridge for Uniswap V3 deployment on BNB Chain. According to the ongoing results of the proposal vote, a16z’s overwhelming token stash enabled it to control around half of the votes so far, pushing the decision its way. The proposal to deploy the latest Uniswap iteration on the BNB Chain was submitted on Feb. 2. It was made by 0xPlasma Labs on behalf of the Uniswap Community, following a temperature check with 80% in favour of the proposal. (cryptopotato)
a16z Votes Against Proposal To Deploy Uniswap V3 on BNB Chain
Venture capital firm Andreessen Horowitz (a16z) voted against a final proposal to deploy Uniswap V3 on the BNB Chain using the Wormhole bridge, shows the Uniswap DAO forum.
A16z-Backed Arpeggi Labs Is Looking To Raise $11 Million
Web3 music startup Arpeggi Labs is seeking to raise $11 million.
a16z-Backed Metaverse Firm Co-founder Says Big Tech to Lose Control Over Users’ Data
TJ Kawamura, co-founder of Everyrealm, believes it will no longer be acceptable for large institutions to fully control user data, as he wrote in an open letter to investors about 2023 trends shared with Finbold on January 31.
A16z Leads Series a Funding for Game Studio Voldex
Crypto-focused investment firm a16z led a Series A investment in the game studio Voldex. The amount wasn't disclosed.
Castle Island, a16z Partners Back Escape Velocity’s $25 Million Fund
Mahesh Ramakrishnan and Salvador Gala, two 27-year-old Goldman Sachs alumni, have raised $25 million for their crypto-focused venture firm's first fund.
Tech Veteran-Backed Web3 Social Platform Plai Labs Raises $32M in Seed Round
Web3 social platform builder Plai Labs has raised $32 million in a seed funding round led by crypto investment firm a16z, the company said Thursday.
a16z General Partner James Gwertzman Is Stepping Down
James Gwertzman,General Partner, a16z, Focused on Gaming
Andreessen Horowitz Gaming Partner James Gwertzman Exiting VC Firm
After a little more than a year as a general partner at Andreessen Horowitz, one of the most prolific investors in web3 technologies, James Gwertzman announced he is stepping down at the end of the month.
South African Mobile Gaming and web3 Startup Carry1st Has Raised $27M, Led by BITKRAFT Ventures
South African mobile gaming and web3 startup, Carry1st has raised $27M in the latest funding round led by BITKRAFT Ventures, a gaming focussed VC firm with participation from American VC Andreessen Horowitz (a16z) (recently backed Asimov, Flow) TTV Capital, Alumni Ventures, Lateral Capital, Kepple Ventures, and Konvoy.
