VCs Made Billions of Dollars From These Small Altcoins: Data
According to on-chain data, venture capital firms made billions of dollars from small altcoins instead of bitcoins and ethers.
Andreessen Horowitz
Andreessen Horowitz Hires Ex-SEC Finance Director for $2.2B Crypto Fund
Andreessen Horowitz launched $2.2 billion crypto fund and hired former SEC Finance Director Bill Hinman. The firm is notable for its early investments in highly successful companies such as Facebook. Hinman is popular for stating that Bitcoin and Ethereum are not securities. Prominent crypto valley investment firm Andreessen Horowitz announced the launching of Crypto Fund III, which will enable it to continue investing in promising crypto startups. The fund is worth a whopping $2.2 billion, and will represent “the beginning of an exciting new chapter”. The announcement read, “We believe that the next wave of computing innovation will be driven
