Home Ethereum A16z Investing $70M in Ethereum Staking Supplier Lido Finance – CoinDesk

A16z Investing $70M in Ethereum Staking Supplier Lido Finance – CoinDesk

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Enterprise capital agency Andreessen Horowitz (a16z) has invested $70 million in Lido Finance, a liquid staking supplier that makes it simpler to stake ether and different proof-of-stake (PoS) belongings. The agency additionally used Lido to stake an undisclosed portion of a16z Crypto’s ether holdings on the Beacon Chain.

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