A16z Launches Fifth Crypto Fund amid Market Downturn
Andreessen Horowitz is raising a fifth crypto-focused fund targeting $2 billion, amid declining venture activity and broader crypto market pressures.
A utility token is a type of cryptocurrency designed to provide access to a product or service within a blockchain ecosystem. Unlike security tokens, utility tokens are not primarily intended as investments. They are often used for fees, governance, or platform functionality. Utility tokens play an important role in decentralized applications and networks. Their value is typically linked to platform usage and demand.
Andreessen Horowitz is raising a fifth crypto-focused fund targeting $2 billion, amid declining venture activity and broader crypto market pressures.
A viral AI dystopia spoof is fueling debate across tech and crypto as automation-driven layoffs rise and projects promote user-owned AI agents as an alternative model.
Dragonfly has raised $650 million for its latest crypto venture fund, signaling sustained institutional confidence in Web3 infrastructure and long-term blockchain innovation.
Ethereum is set to activate ERC-8004 on mainnet, introducing a standardized framework that allows AI agents to operate as economic actors across decentralized networks.
Memecoin launchpad Pump.fun is expanding beyond token launches with the creation of Pump Fund, an investment arm that will back up to 12 early-stage projects through a $3 million hackathon.
Solana Mobile has confirmed a 1.8 billion SKR token airdrop for Seeker smartphone users and developers, marking a major step in expanding its onchain mobile ecosystem.
Freedom45Games LLC will launch Trump Billionaires Club by year-end, allowing players to earn $1 million in TRUMP memecoin through a board game-style mobile app.
Binance has appointed co-founder Yi He as co-CEO, expanding its senior leadership structure. Meanwhile, the company has approached 300 million global users.
KuCoin Pay has launched KuCoin Pay Travel in partnership with Entravel, creating a new global platform for crypto-based hotel bookings with discounts of up to 60%.