A16z, Polychain Invest $25 Million in Crypto Payments Startup Celo

Mobile-friendly cryptocurrency payments startup Celo has raised millions from A16z and Polychain in a private token sale.

University of Michigan Considers Further Investment in A16z’s Crypto Fund

The University of Michigan, which has an endowment valued at about $12 billion, may further invest in Andreessen Horowitz’s crypto fund.

CFTC Official to Congress: Don’t Be ‘Hasty’ With Crypto Rules

LabCFTC director Daniel Gorfine advocated for thoughtful regulation of the cryptocurrency space in Congressional testimony Wednesday.

A16z Leads $45 Million Raise for Blockchain Startup Oasis Labs

Cloud computing startup Oasis Labs has raised $45 million in a private token pre-sale to develop its blockchain platform.

Andreessen Horowitz Has Launched a $300 Million Crypto Fund

Silicon Valley investment powerhouse Andreessen Horowitz (a16z) has launched a new $300 million fund focused on cryptocurrencies.

A16z Leads Investors in $20 Million Token Presale for Crypto Assets Platform

TrustToken, which aims to put tokenized assets on a blockchain, raised $20 million in a strategic token sale with help from Andreessen Horowitz.

Major Investors Met with SEC to Discuss Crypto Exemption

VC firms Andreessen Horowitz and Union Square Ventures reportedly met with the SEC in March to request that tokens be exempted from SEC oversight.

Bain, Lightspeed Back First ICO With $133 Million Basis Funding

There are many stablecoins, but only one that has one investor who busted a central bank and another who used to help run one. Also, Google and Bain.

A16z, USV Lead $12 Million Funding for CryptoKitties

CryptoKitties will break away from its developer, Axiom Zen, after raising $12 million of venture capital.