Since the start of the crypto arm in 2018, a16z has raised more than $7.6 billion to invest in crypto and blockchain companies. That includes its fourth crypto fund, established in May with $4.5 billion even as the market tumbled. Bitcoin has fallen from last November’s record high of $69,000 to as low as $17,000 in June.
Does the SAB 121 Vote Mean Anything for Future Crypto Legislation?
Unfortunately however, the legislative measure is now heading to the desk of President Joseph Biden, who has vowed to veto...