Bitcoin24h $104,817.33-2.04%

Ethereum24h $3,859.33-3.42%

XRP24h $2.53-6.13%

Solana24h $216.02-4.54%

BNB24h $715.51-0.95%

Dogecoin24h $0.3839-5.33%

Cardano24h $1.03-6.66%

TRON24h $0.2713-7.97%

Avalanche24h $46.36-8.04%

Chainlink24h $27.03-4.15%

Chris Dixon says a16z doesn’t sell its crypto tokens — portfolio disagrees

a16z’s Chris Dixon claimed that the firm would never invest in a token with a public token sale, but it seems it repeatedly did.

Why does a16z want to strengthen its grip on Uniswap?

If it’s true that a16z holds the rumored amount of UNI tokens, it would be able to unilaterally reach quorum for voting on Uniswap proposals.

Andreessen Horowitz (a16z) sold crypto before the crash, leaving early investors with a return. But its four crypto funds are plummeting.

a16z has significantly slowed down investments in crypto firms, amid a bear market that has its flagship crypto fund down 40%.