Andreessen Horowitz Leads $25M Funding Round for Crypto Lending Startup By Cointelegraph

November 14, 2019 admin Investing Comments Off on Andreessen Horowitz Leads $25M Funding Round for Crypto Lending Startup By Cointelegraph
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Andreessen Horowitz Leads $25M Funding Round for Crypto Lending Startup

Venture capital firm Andreessen Horowitz has led a $25 million funding round for crypto lending startup Compound.

On Nov. 14, Fortune reported that Compound, a decentralized finance (DeFi) lending protocol, secured $25 million in an investment round led by Andreessen Horowitz’s a16z, with participation from other top investors including Paradigm, Bain Capital Ventures and Polychain Capital.

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