Andreessen Horowitz (a16z) is a venture capital firm that supports daring entrepreneurs who are creating the future with technology.
According to Fortune, software-driven mining startup Mariana Minerals has completed a $310 million Series B funding round, led by Khosla Ventures, with participation from Andreessen Horowitz (a16z), Breakthrough Energy Ventures, Greenoaks, BHP Ventures, Mitsubishi Corporation, and other institutions. This brings the company's total funding to $400 million, with a valuation of $1.5 billion. Mariana was co-founded in 2024 by Turner Caldwell, a former member of Tesla's factory design and construction team. Headquartered in San Francisco, the company is dedicated to reshaping the traditional mining industry with software technology. The company currently operates two mines: Copper One in Utah (a copper mine targeting an annual production of 50,000 tons of refined copper) and Lithium One in Texas (a lithium mine expected to enter commercial production in 2027).
Copper
特斯拉
According to monitoring by on-chain analyst Ai Yi, a wallet (0xb5E...c24e) suspected to be affiliated with a16z has withdrawn a total of 132,056.65 HYPE, valued at $7.335 million, from various exchanges over the past 8 hours, at an average withdrawal price of $55.54. Since July 15, the same address has transferred a total of 398,000 HYPE, approximately $24.89 million, to exchanges.
Hypercent
Hyperliquid
SSI secured $2 billion in funding from top venture capital firms such as Andreessen Horowitz and Sequoia Capital last year, at which time its valuation reached $32 billion.
Startup
According to Korean media Asiae, six top Silicon Valley VC firms, including Sequoia Capital, a16z, Khosla Ventures, Lightspeed Venture Partners, General Catalyst, and NEA, announced the signing of a strategic investment cooperation memorandum of understanding (MOU) with the South Korean National Pension Service (NPS), planning to jointly explore investment opportunities, share investment information, and strengthen their global venture capital layout. Additionally, with the South Korean government accelerating policies to attract overseas venture capital, coupled with the launch of the 200 trillion won "National Growth Fund," the market expects the Korean venture capital sector to see simultaneous inflows of policy funds, private capital, and overseas capital, with strategic industries such as AI and semiconductors expected to receive more investment. However, industry insiders warn that if a large amount of capital concentrates on a few popular enterprises, it may push up corporate valuations and create bubbles, potentially facing valuation correction pressure during future IPO and M&A exits, affecting fund return rates.
Boost
Boost
Catalyst
Catalyst
Major
Sign
On-chain monitoring shows that a suspected institutional address recently staked 2.785 million HYPE through 20 wallets, currently valued at approximately $164 million. Market speculation suggests the address may be related to a16z, but official confirmation has not yet been obtained.
Hypercent
Hyperliquid
Market
NVIDIA CEO Jensen Huang has published his first post on X, sharing an open letter titled "Open Weight and American AI Leadership," jointly signed by more than 20 technology companies and institutions, including NVIDIA.The open letter argues that open-weight models can expand economic access to AI, enhance market competition, and grant users more control. Signatories include Meta, Microsoft, Andreessen Horowitz, Hugging Face, IBM, Mistral AI, Palantir, Perplexity, Mozilla, Y Combinator, among others.The letter states that while open-weight models carry risks, they should not be restricted through bans. Instead, openness should be leveraged to advance AI safety and cybersecurity capabilities. Huang noted: "The world needs cutting-edge closed-source models, and it also needs cutting-edge open models."
Joint
NVIDIA
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AI chip startup Etched announced the completion of a $300 million Series C funding round, valuing the company at $10.3 billion. The round was led by Sequoia Capital, with participation from Andreessen Horowitz (a16z), SK Hynix, Jane Street, and Diffusion Capital.Founded in 2022 by three Harvard dropouts, Etched was valued at approximately $5 billion when it raised $500 million in December 2025, meaning its valuation has doubled in just about seven months. Etched stated that it focuses on building specialized chip systems for AI model inference. The company has recently completed mass production of its self-developed chips and begun having customers test the first complete systems, while also securing approximately $1 billion in orders. (TechCrunch)
Diffusion
Street
a16z partner and head of a16z crypto, Chris Dixon, stated on the X platform that the U.S. should push for the passage of the CLARITY Act. Dixon noted that the GENIUS Act has proven that clear regulation can drive market growth, with the stablecoin market currently valued at approximately $315 billion, growing over 50% in the past year. Major institutions including BlackRock, JPMorgan, Visa, and Mastercard are deeply investing in blockchain infrastructure.He believes that while stablecoins currently represent only a part of the crypto market, the underlying blockchain networks they rely on still lack a unified regulatory framework. The CLARITY Act would establish clear rules for blockchain networks, clarify regulatory responsibilities in the digital asset market, and set unified standards to promote transparency, risk control, and market competition. The bill can also draw on traditional financial regulatory principles to reduce the risk of incidents similar to FTX.Dixon concluded that if the CLARITY Act passes, the U.S. will once again lead the future, just as it did during the commercial internet era. Without action, innovation may move to other countries and follow rules set by others there.
FTX
Major
Visa
According to a post by a16z crypto researcher Robert Hackett and data advisor Ryan Holloway, the tokenized stock market is experiencing explosive growth. As of June 2026, the total market capitalization of tokenized stocks reached approximately $1.7 billion, representing a more than fivefold increase from $329 million a year earlier, making it one of the fastest-growing categories among tokenized assets. On-chain data shows that monthly transfer volume surged from $53 million last June to $9.22 billion this June, a year-over-year increase of more than 170 times. The market structure has also changed significantly: the proportion of crypto-related products dropped from 79% to 21%; the AI and chip category jumped from nearly zero to a market share of 15.5%; tech giants rose from 0.6% to 10.6%; and ETFs and indices increased from 4.5% to 17.3%. At the institutional level, DTCC has completed the first live trades of tokenized Treasury bonds and stocks on Digital Asset's Canton network, with full services planned to launch in October, which will open access for Wall Street to approximately $114 trillion in DTC custodied assets. Meanwhile, Robinhood has launched its own chain, NYSE's parent company announced a joint venture with OKX (pending regulatory approval), and Coinbase and Binance have also sequentially launched offerings for non-U.S. users.
Binance
Cap
Coinbase
Digital Asset
June
Market
a16z crypto stated that transfer activity for tokenized stocks is continuing to rise. In June 2024, the monthly transfer volume of tokenized stocks reached $9.22 billion, growing over 170-fold compared to $53 million in the same period last year. This metric covers all on-chain transfer activities, including trading, wallet-to-wallet transfers, and deposits made as collateral into decentralized finance protocols.
Chain
June
TownSquare, an institutional yield and cross-chain lending brokerage service infrastructure, announced the official launch of its ICO public sale. This public sale is technically supported by the Echo Sonar platform from the Coinbase ecosystem. The valuation is divided into two tiers: a $150 million valuation based on a 6-month lock-up, and a $200 million valuation with no lock-up and full release at TGE, with a fundraising cap of $1 million. Currently, 30 minutes into the public sale, over $200,000 has been raised. According to data, most users chose the second tier with the $200 million valuation. This public sale is the first project based on the Monad ecosystem on Sonar, supporting USDC and USDT0 tokens on Monad. Previously, TownSquare completed a total of 3 rounds of financing totaling $16.25 million, with participation from World Liberty Financial, Auros Ventures, Amber Group, Animoca Ventures, OKX Ventures, as well as angel investors and institutions from ecosystems such as Monad, a16z, etc. It is projected that the previous valuation is comparable to this ICO valuation. TownSquare Sonar Public Sale Registration: townsq.xyz/sale
Amber Group
Auros
based
Circle
Coinbase
Echo
According to the official press release, AI security company Neo officially announced today the completion of $100 million in financing, led by Andreessen Horowitz and Bessemer Venture Partners, with participation from Craft Ventures and Merlin Ventures. Neo was co-founded by former executives from SentinelOne, Wiz, and Palo Alto Networks, positioned as an "Intelligent Software Control Company", aiming to provide enterprises with a real-time control layer, helping SecOps teams conduct comprehensive inventory, risk assessment, behavior attribution, and policy enforcement on AI agents, AI applications, browser extensions, MCP servers, and traditional software. According to Gartner's forecast, only 5% of enterprise applications will have agent capabilities in 2025, while by the end of 2026 this proportion will rise to 40%.
Alto
Alto
Company
Merlin
MindCP
Neo
Odaily AI security startup Neo announced the completion of a $100 million funding round, led by venture capital firms Andreessen Horowitz (a16z) and Bessemer Venture Partners, with participation from Craft Ventures and Merlin Ventures. It is reported that the company positions itself as an "Agentic Software Control" company, dedicated to building a real-time control layer for enterprises to help security operations teams (SecOps) manage and protect the rapidly proliferating intelligence capabilities of AI Agents, AI applications, browsers, identity systems, and traditional software. The new funds will be used to expand engineering and marketing teams and accelerate enterprise customer acquisition. (Globenewswire)
Merlin
Neo
Neo
Odaily reports: According to Lookonchain monitoring, whales suspected to be related to a16z (0xb5E...c24e, 0xF43...9BC2) have sold another 421,800 HYPE over the past 24 hours, valued at $25.3 million.
Hypercent
Hyperliquid
Lookonchain
Whale
a16z has published an article by U.S. Representative Patrick McHenry titled “The time for Clarity is here: The next-generation Telecoms Act.” The article points out that the advancing crypto market structure legislation, the “CLARITY Act,” holds historical significance similar to the 1996 Telecommunications Act, potentially laying a vital foundation for the next wave of financial innovation in the United States.Patrick McHenry stated that his over 20 years of service in Congress have shown him that timely legislation can propel the nation forward, while legislative stagnation may force the U.S. to play catch-up in critical technological fields. America stands at a crossroads: either maintain its position as the world's leading technology and financial hub, or cede this advantage to competitors challenging its dominance. The CLARITY Act represents one of the few forward-looking financial legislative opportunities in recent years. Like the 1996 Telecommunications Act, it aims to establish consumer protection mechanisms while embracing emerging technological developments. The bill has garnered broad bipartisan support and involves coordination across multiple congressional committees.Patrick McHenry believes that U.S. financial regulation has long been stuck in a “crisis response mode.” Since the 2008 financial crisis, most major financial reforms have primarily targeted past risks, failing to establish an institutional framework for future technological innovation. He argues that crypto market structure legislation has the opportunity to break this pattern and become the first significant reform in nearly 30 years to proactively build the financial system of the future.Regarding the view that existing securities laws are sufficient to cover the crypto industry, this perspective does not reflect market realities. Companies and entrepreneurs are not rejecting regulation; rather, they seek clear rules. “When entrepreneurs know where the boundaries are, they can innovate with greater confidence.” If the CLARITY Act is passed, it will provide regulatory certainty for the digital asset industry, protect consumers and investors, and equip enforcement agencies with tools to combat crime and bad actors. Multiple crypto-related legislative efforts, including the stablecoin regulation bill the GENIUS Act, have gained bipartisan support. An increasing number of lawmakers recognize that digital assets are not going away, and the U.S. needs to establish clear rules to maintain its competitive edge.Other countries around the world are actively advancing digital asset regulatory frameworks. Capital and innovation will flow to markets with clear rules. The CLARITY Act is not just about crypto assets; it concerns whether the U.S. can continue to lead economic development in the 21st century and establish the rules for global technological innovation.
Clarity
Market
Structure
Odaily reports, according to on-chain analyst Ember monitoring, an address suspected to be a16z (0x867...E6D) withdrew 471,500 Hyperliquid native tokens, worth $30.57 million, from Hyperliquid over the past day, and subsequently deposited them into exchanges including OKX, Bybit, and Gate.
Bybit
Gate
Hyperliquid
venture capital firm Andreessen Horowitz (a16z) has announced an investment in Runta, a startup specializing in AI agent security. The company aims to help enterprises manage and constrain AI agents much like "raising a child." The specific amount of the investment has not been disclosed yet.Runta founder Guanlan Dai previously worked on the technical team at Cloudflare and served as a founding engineer at API connectivity startup Kong. He stated that AI agents share similarities with growing children: they possess the ability to autonomously execute tasks, but equally require boundaries, supervision, and permission management.Dai believes that just as parents childproof their homes and restrict access to credit cards for their children, enterprises also need to limit the important files AI agents can access, the scope of operations they are permitted to execute, and the amount of funds they can spend in a single instance.Runta is developing an "AI agent guardianship" infrastructure to help businesses manage the permissions, security risks, and behavioral boundaries of AI agents, thereby preventing autonomous AI systems from causing data leaks, erroneous operations, or financial losses while performing tasks.As enterprises increasingly deploy AI agents with autonomous decision-making capabilities, the need to establish a trustworthy and secure agent management system is becoming a new infrastructure requirement.Runta aims to become the "parental control layer" for the AI agent era, providing enterprises with capabilities such as agent identity management, permission control, risk limitation, and operational oversight.Industry insiders believe that as AI agents evolve from simple assistants into autonomous entities capable of operating enterprise systems, handling transactions, and executing complex tasks, the infrastructure market surrounding agent security, governance, and compliance is poised for rapid growth. (The Information)
ARK Invest challenges a16z's view that traditional finance will prioritize permissioned blockchains over decentralized finance, arguing that institutions will increasingly adopt public blockchain infrastructure in the future rather than being confined to closed permissioned networks.
Ark
Ark
Public
ARK Invest’s Head of Research, Lorenzo Valente, recently publicly refuted a16z Crypto’s assertion that “traditional finance needs blockchain, not DeFi,” arguing that financial institutions are more likely to be built on open DeFi infrastructure in the future. Public blockchains have already demonstrated their advantages over private blockchain solutions. The growth of tokenized assets on open networks like Ethereum highlights the stronger network effects and scalability potential of public blockchains.Lorenzo Valente pointed out that the builders of the next generation of financial infrastructure may not be traditional financial institutions, but rather crypto-native enterprises, such as Circle and Coinbase.Earlier, a16z Crypto presented a differing view, suggesting that traditional financial institutions are not truly embracing DeFi, but are selectively adopting blockchain technologies that meet their existing compliance, governance, and operational requirements. Banks and asset management firms will build “programmable financial infrastructure” in the future, leveraging core capabilities of blockchain like tokenization and atomic settlement, but while maintaining permissioned management and institutional control.Sentora co-founder Jesus Rodriguez also raised objections to a16z’s stance. He argued that financial institutions might eventually adopt the underlying DeFi infrastructure and layer compliance, custody, and enterprise-grade control mechanisms on top of it.With the rapid development of RWA tokenization, on-chain settlement, and institutional-grade financial applications, the debate over the future dominance of “open DeFi architecture” versus “permissioned blockchain systems” is intensifying. (Cointelegraph)
ALLO
Ark
Ark
Blockchains
Circle
Coinbase
a16z Crypto has released an analysis stating that traditional finance (TradFi) is not merging with decentralized finance (DeFi), but is instead selectively adopting blockchain technologies that meet its own needs. A long-standing narrative within the crypto industry has been that DeFi and TradFi will eventually merge, combining open liquidity with institutional distribution to form a new system superior to traditional finance. However, the reality may be different.The core driver for traditional finance's adoption of blockchain is not the concept of decentralization, but commercial efficiency. As long as blockchain can help institutions reduce costs, improve settlement efficiency, expand distribution channels, and enhance customer relationships, they will adopt the relevant technology. “TradFi is not entering DeFi; it is utilizing the parts of DeFi that fit its own operational models and reshaping these technologies according to institutional requirements.”a16z Crypto stated that a new category of financial infrastructure may emerge in the future—"programmable financial infrastructure" based on a blockchain foundation but optimized for institutional constraints. The blockchain technologies currently being adopted by institutions mainly include:Atomic Settlement: Reduces counterparty risk and decreases tied-up collateral capital;Shared Ledger: Lowers the cost of back-office reconciliation;Programmable Money: Automates interest payments, margin management, and corporate actions;Automated Market Makers (AMM): Being repurposed for on-chain foreign exchange and tokenized asset pricing.
Atomic
Atomic
based
Ledger
Market