Crypto Investment

VC Giant A16Z Pours M into LayerZero, Sending Native Token ZRO 10% Higher

VC Giant A16Z Pours $55M into LayerZero, Sending Native Token ZRO 10% Higher

Venture capital heavyweight Andreessen Horowitz (a16z) has deepened its bet on LayerZero, committing $55m to the crosschain messaging protocol’s native token, ZRO. The fresh investment, which comes with a three-year lockup, was revealed by a16z general partner Ali Yahya in a post on X on April 17. ZRO rose as much as 10% following the […]

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French Bank Bpifrance to Allocate M to Buy ‘Little-Known’ Digital Assets

French Bank Bpifrance to Allocate $27M to Buy ‘Little-Known’ Digital Assets

A French state-owned bank, Bpifrance, has built a $27 million fund for the acquisition of lesser-known cryptocurrencies, the bank announed Thursday. The investment bank has taken a unique approach to investing in “little-known” digital assets issued by French projects, instead of top-performing cryptos like Bitcoin. Through the fund, the bank aims to support local crypto

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