a16z appears to be buying and staking large amounts of $HYPE!
A wallet linked to a16z (0xb5E4) bought 1.588M $HYPE($67.46M) over the past month and staked 1.3M $HYPE($51.2M) across multiple wallets.
A16z Crypto’s new fund is less than half the size of its 2022 offering, but its pitch is more disciplined: back the parts of crypto that are actually being used.
📸: Ethan Pines for Forbes
LATEST: ⚡ A16z says US regulatory clarity from the CLARITY Act will be "a boon for domestic innovation" and benefit global markets, citing the GENIUS Act as precedent.
Looking for a a16z @speedrun referral
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