Andreessen Horowitz invests in MakerDAO

Andreessen Horowitz invests in MakerDAO

Andreessen Horowitz has made $15 million worth of investments in the blockchain startup called MakerDAO (MKR). The investment fund a16z has acquired 6% of the total MKR token supply. The CEO and co-founder of MakerDAO expressed, “With investment and operational support from a16z crypto, MakerDAO will be able to accelerate evolution, innovation, and adoption of the Dai Credit System.”

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