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Andreessen Horowitz (a16z) voted against the deployment of decentralized exchange (DEX) Uniswap (UNI) on the BNB Chain via Wormhole. The crypto investment firm placed its 15 million UNI holdings against the proposal — making it the largest voting bloc among the 36 million votes cast at press time. A16z defends decision A16z said it does…
Few companies in the VC space have exposure to crypto as a16z has. Founded in 2009 by Marc Andreessen and Ben Horowitz, Andressen Horowitz began investing in crypto companies in 2013 with investments in Coinbase and Ripple and now has just under 50 Web3 companies in its portfolio. To read the rest of this article,…