Insider Brief American drone motor and robotic actuator manufacturer Westmag has emerged from stealth with $11 million in seed funding. According to the company, the round was led by Andreessen Horowitz, with participation from Founders Fund, Lux Capital, NFDG and Menlo Ventures, to help scale production, strengthen supply chain operations and fulfill growing demand from […]
Newlimit, the longevity biotech co-founded by Coinbase CEO Brian Armstrong, has raised $435 million in a Series C round led by Founders Fund, roughly tripling the company’s valuation to about $3.1 billion. Crypto Wealth Flows Into Longevity Science Newlimit, the anti-aging biotech co-founded by Coinbase Global Inc. (Nasdaq: COIN) Chief Executive Brian Armstrong, has closed […]
The post A16z-Linked Wallet Builds $192 Million HYPE Stake as Early Whale Cashes out $95 Million appeared on BitcoinEthereumNews.com.
Key Takeaways An A16z-linked wallet has amassed 3.9 million HYPE worth $192.6 million since April 14, per Lookonchain. The buying makes A16z the largest external HYPE holder as the token reached its all-time high of $67.24 yesterday. A Genesis-era whale sold 1.5 million HYPE for a $95 million gain, testing the rally’s next leg. Smart Money on Both Sides A wallet that onchain analysts have linked to venture capital firm Andreessen Horowitz (A16z or A16z Crypto) has quietly turned into Hyperliquid’s most aggressive institutional buyer. The address has accumulated about 3.9 million HYPE worth roughly $192.6 million since April 14, at an average price near $49.40, according to blockchain tracker Lookonchain. It added another 226,121 tokens, about $14.5 million, in a single day this week. The scale of the position has been climbing fast, with Bitcoin.com News
A wallet reportedly tied to venture giant Andreessen Horowitz (A16z) has accumulated 3.9 million HYPE worth about $192.6 million, even as one of Hyperliquid’s earliest backers sold a 1.5 million-token stake to lock in a roughly $95 million profit. Smart Money on Both Sides A wallet that onchain analysts have linked to venture capital firm […]
HYPE has pulled back below $60 as the broader market faces selling pressure that has touched even the strongest performers of recent weeks. The retreat from all-time highs is real — but data from Arkham Intelligence has revealed a transaction that puts the current price weakness in a context that changes how it should be read. Related Reading: Bitcoin Sends An Unusual Signal After Miner Inflows Top 20,000 BTC – Analyst Explains The Setup The wallet linked to Andreessen Horowitz — the Silicon Valley venture capital firm universally known as a16z, whose dedicated crypto fund has been one of the most influential institutional forces in digital assets since its launch and has backed foundational projects including Coinbase, Uniswap, and Solana — has purchased another 253,947 HYPE tokens worth approximately $15.03 million over the past several hours. a16z-linked wallet buying HYPE | Source: Arkham The timing is the detail that matters most. A16z is not buying HYPE at its all-time high in a
Cognition, maker of autonomous AI software engineer Devin, has raised more than $1 billion at a $25 billion pre-money valuation — a remarkable jump from the $10.2 billion post-money valuation it carried just eight months ago. The round was led by Lux Capital, General Catalyst, and 8VC, with participation from Founders Fund, Elad Gil, Ribbit Capital, and […]
AI gateway startup OpenRouter has raised $113 million in a Series B round led by CapitalG, Alphabet’s growth venture fund, lifting its valuation to approximately $1.3 billion — more than double the $547 million it commanded just a year ago following a Series A backed by Andreessen Horowitz and Sequoia. Founded in 2023, OpenRouter gives enterprises AI-powered […]
Insider Brief Logistics startup Stord has raised $250 million in a Series F round at a $3 billion valuation and launched a new physical AI and robotics lab in Atlanta to go up against Amazon’s e-commerce and fulfillment network. The round was led by existing investors and included Strike Capital, Kleiner Perkins, Founders Fund, Franklin […]