Sequoia and A16z Backs Dragonfly in the Acquisition of Metastable

Sequoia and A16z Backs Dragonfly in the Acquisition of Metastable


The Coin Rise
2022-08-16 15:18:24

Crypto-inclined venture capital firm, Dragonfly has acquired one of Ethereum’s first investors Metastable. The terms of the deal are yet to be disclosed but it is known that Sequoia Capital and Andreessen Horowitz (a16z) backed the acquisition. Along with the acquisition of the San-Francisco-based crypto hedge fund, a rebranding was also announced by Dragonfly. The […]The post Sequoia and A16z Backs Dragonfly in the Acquisition of Metastable appeared first on Blockchain, Crypto and Stock News.