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Andreessen Horowitz Secures USD 9B War Chest for New Investments


US-based venture capital powerhouse Andreessen Horowitz (a16z) said it just raised USD 9bn for its Venture, Growth, and Bio funds, as they aim to invest "across the entire spectrum of stages, writing checks as small as USD 25,000 and up to hundreds of millions of dollars."... Read More: Andreessen...

OpenSea Boosts Valuation 9X as This NFT Giant Sets Four Strategic Goals


  The biggest non-fungible token (NFT) marketplace, OpenSea, increased its valuation almost ninefold in six months as it raised USD 300m to fund four of its expansion goals. The company said it was valued at USD 13.3bn in a Series CE funding round, led by Paradigm and Coatue among other new...

MicroStrategy Shares Jump as Firm Buys More Bitcoin at USD 49K


  The US-based business software firm MicroStrategy announced that they have spent another USD 94m on bitcoin (BTC) to hold on its balance sheet, bringing the company’s total holding to BTC 124,391 (USD 5.9bn). As usual with MicroStrategy’s bitcoin purchases, the move was shared by CEO Michael...

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