A16z to Boost Size of Its Third Crypto Fund: Report
The fund could lead to $50 million in annual fees, sources told blogger Eric Newcomer.
The NFT venue has crossed into the rarefied air of crypto unicorns.
“We’re not basing our company on some KYC’d version of DeFi coming out in the future,” said Nansen CEO Alex Svanevik.
The company is a mobile-first investment platform that allows clients to have their capital actively managed in long-term strategies.
It's the VC industry's largest crypto-related fund to date.
A16z led the round, which will enable the startup to build a network of lenders and borrowers and ramp up hiring.