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Crypto Fund a16z Buys Up $15 Million Worth of MakerDAO’s MKR Stablecoins

Is a True “Stablecoin” Cryptocurrency Possible?

Andreessen Horowitz’s specialized cryptocurrency and blockchain fund a16z crypto has purchased six percent of MakerDAO’s total MKR token supply for $15 million, the company announced in a September 24 press release. First Stablecoin Investment Investment fund a16z crypto has purchased six percent of the total MKR token supply for $15 million, marking the investment’s fund first encounter with cryptocurrencies. The…The post %%POSTLINK%% appeared first on %%BLOGLINK%%.

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