a16z Crypto Becomes Frontier, Expands Beyond Crypto Investing
Chris Dixon confirmed a16z Crypto’s rebrand to Frontier and a broader investment scope, while pledging continued crypto backing; Ali Yahya’s exit remains reported.
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Bitget is linked to the buyer of GMO’s Z.com EX operator in Thailand, with the acquisition still awaiting regulatory approval and financial terms undisclosed.
Multicoin Capital is keeping its crypto mandate rather than expanding into standalone AI startups, Bloomberg reports, as the firm manages $2.7 billion in assets.
Network School is taking over Farcaster’s app and protocol repositories, pairing the deal with new community rules, AI moderation and planned humanity checks.
Polygon Labs has completed its Coinme acquisition, adding regulated US payments access as it builds out its stablecoin services.
Binance.US is reportedly seeking up to $100 million in private funding at about a $1 billion valuation as it rebuilds its American exchange business.
Polymarket has yet to announce an IPO or token launch, as Shayne Coplan’s latest hints meet a business increasingly backed by traditional finance.
Across has opened an ACX exchange and Centrifuge has approved pursuing CFG-to-equity conversion, while Polymarket’s token and IPO options remain unresolved.
SWI’s €800 million raise values the group at €6.1 billion as it redirects Genesis Digital’s infrastructure toward AI computing in Europe and the US.
Sui Foundation is investing $30 million in DATA Network as the AI data protocol moves to Sui, with one-for-one token migration and Walrus storage planned.