Andreessen Horowitz Announced Its New Investment of $100 Million, There Was a Sudden Rise in This Altcoin!

B.According to Bloomberg, Andreessen Horowitz (a16z), the world’s largest investment company, invested $100 million in cryptocurrency startup EigenLayer.

Andreessen Horowitz has invested in many cryptocurrency companies, from Web3 to Metaverse to decentralized finance.

Speaking to Bloomberg Sreeram Kannan, founder of EigenLayer, officially announced the investment made.

The founder of EigenLayer stated that only Andreessen Horowitz company was involved in the investment round.

While EgenLayer was a project that attracted serious interest from investors, investors’ airdrop expectations were dashed. Because EigenLayer founder Kannan stated that they have no plans to issue a token at the moment.

Following the investment news, influential investors attracted the attention of the market. LOWER While it was stated that he was trying to attract the altcoin named ALT, it experienced an increase of up to 10% after the news.

*This is not investment advice.

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