Browsing: Andreessen Horowitz

The venture capital firm said Lido’s liquid staking solution removes many “operational complexities” institutional investors have faced in staking ETH. Ethereum staking solution Lido Finance has raised $70 million from venture capital giant Andreessen Horowitz, marking the protocol’s first funding round since May 2021. Andreessen Horowitz’s investment in Lido is intended to further support the adoption…

Ali Yahya, a general partner at Andreessen Horowitz, told Cointelegraph that TrueFi will “bring the unique advantages of DeFi to a wider and global user base.” Stablecoin operator TrustToken has launched a new lending marketplace that allows asset managers to create their own decentralized finance products, potentially opening the door to wider mainstream adoption of…