
Venture giant a16z appears to be quietly exiting its COMP position, depositing $18.33 million worth of tokens into Coinbase.
Andreessen Horowitz specializes in investing in seed, start-ups, early, mid stage, growth, and late stage.
Andreessen Horowitz (also called a16z) is a private American venture capital firm, founded in 2009 by Marc Andreessen and Ben Horowitz. The company is headquartered in Menlo Park, California.
Andreessen Horowitz invests in both early-stage start-ups, which may raise just $50,000, and established growth companies, which often raise tens of millions of dollars. Andreessen Horowitz’s investments span the mobile, gaming, social, e-commerce, education and enterprise IT (including cloud computing, security, and software as a service) industries.
Venture giant a16z appears to be quietly exiting its COMP position, depositing $18.33 million worth of tokens into Coinbase.
Andreessen Horowitz has appointed former Congressman Patrick McHenry as a senior advisor for technology policy, leveraging his extensive experience in cryptocurrency regulation and financial innovation.
Andreessen Horowitz (a16z) is optimistic about crypto-friendly regulations under the Trump administration, aiming for clearer guidance that fosters growth and innovation.