Venture Capital Giant’s Move Signals Outsize Ambitions in NFT Market
Web3 gaming, DeFi, zero-knowledge proofs, decentralized social media, self-sovereign identity and layer 1 and 2 infrastructure are among the fund’s areas of focus.
The NFT marketplace OpenSea has reached a $1.5B valuation after a $100M Series B funding round led by a16z. This makes OpenSea the newest NFT-based unicorn, or a privately held startup company valued over $1B. A16z also led OpenSea’s $23M Series A round in March. This year, the venture giant also invested in Dapper Labs, […]