Andreessen Horowitz’s crypto arm, known as a16z Crypto, has made a major move in the Solana ecosystem. The venture capital firm announced a $50 million investment in Jito, a Solana-based protocol that improves how …
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A16z
Jito Foundation, a crypto protocol that supports the blockchain Solana SOL$186.81, has raised $50 million in a private token sale led by Andreessen Horowitz’s a16z crypto, it announced in a press release Thursday. The …
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A16z crypto invests $50 million in Solana liquid staking protocol Jito
by adminby adminA16z Crypto, the blockchain investment arm of venture capital firm Andreessen Horowitz, has invested $50 million in Jito, a liquid staking protocol that underpins the Solana network. The deal will grant a16z an undisclosed …
a16z invested $50 million into Jito, a commitment that could signal huge upsides for the Solana network. The VC firm aims to upgrade infrastructure in the long term, optimizing MEV and guaranteeing efficiency. Still, …
