Two of Silicon Valley's Most Prestigious Venture Capital Firms Just Plowed $135 Million Into Sam Altman's Crypto Project. What Do They See That Wall Street Doesn't?
The first half of 2025 has been anything but predictable in the stock market. It seems like ages ago that concerns around Chinese start-up DeepSeek and the intensifying competitive landscape in artificial intelligence (AI) sent shockwaves across the capital markets. As investors know all too well, just about the only things economists have been talking about for almost two months now are tariffs.In the wake of all this uncertainty in the equity market, some astute investors have turned elsewhere. Specifically, the cryptocurrency market has started to attract some new life.Although Bitcoin seems poised to reach new all-time highs, venture capital (VC) juggernauts Andreessen Horowitz (A16Z) and Bain Capital just jointly plowed $135 million into a relatively new token called Worldcoin (CRYPTO: WLD) -- an initiative that was co-founded by Sam Altman, the chief executive officer of OpenAI.Continue reading
The first half of 2025 has been anything but predictable in the stock market. It seems like ages ago that concerns around Chinese start-up DeepSeek and the intensifying competitive landscape in artificial intelligence (AI) sent shockwaves across the capital markets. As investors know all too well, just about the only things economists have been talking about for almost two months now are tariffs.
In the wake of all this uncertainty in the equity market, some astute investors have turned elsewhere. Specifically, the cryptocurrency market has started to attract some new life.
Although Bitcoin seems poised to reach new all-time highs, venture capital (VC) juggernauts Andreessen Horowitz (A16Z) and Bain Capital just jointly plowed $135 million into a relatively new token called Worldcoin (CRYPTO: WLD) -- an initiative that was co-founded by Sam Altman, the chief executive officer of OpenAI.
