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Andreessen Horowitz Blockchain Investments Stablecoin

Andreessen Horowitz Invests $15 Million in Stablecoin Firm MakerDAO

Andreessen Horowitz via its investment fund a16z has acquired 6 percent of the total MakerDAO token supply. American venture capital fund Andreessen Horowitz has invested $15 million into blockchain startup MakerDAO (MKR), according to an announcement published September 24. MakerDAO is the firm which stands behind Ethereum-based stablecoin Dai (DAI) and its accompanying decentralized credit […]