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New $1B crypto fund lands backing from a16z, Solana founders

Mat Goldman by Mat Goldman
April 27, 2022
in Solana
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New $1B crypto fund lands backing from a16z, Solana founders
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Former Microsoft strategist Joe McCann’s new crypto fund Uneven has gained backing from a16z’s Marc Andreessen and Solana cofounders Anatoly Yakovenko and Raj Gokal, The Block reported.

See associated article: KuCoin launches $100 mln fund for NFT projects

Quick information

  • Uneven is aiming to boost US$1 billion to be break up right into a enterprise funding fund and a liquidity fund, the report mentioned. 
  • Uneven additionally obtained assist from a16z’s Chris Dixon, CMS Holdings cofounder Daniel Matuszewski, FTX, Circle, and Multicoin Capital managing companions Kyle Samani and Tushar Jain.
  • Tiger World founder Scott Shleifer has signed on as a restricted accomplice in Uneven.
  • The enterprise funding fund will function like a Wall Avenue hedge fund, diversifying danger throughout tokens quite than betting on the success of 1 cryptocurrency, in line with The Block.

See associated article: FTX, Tiger Global invest $350M in Near protocol



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