Circle has published the whitepaper for Arc, its institutional-focused Layer 1 blockchain, with a mainnet launch targeted for this summer. The company plans to dedicate 60% of Arc’s 10 billion ARC tokens to ecosystem development. $BNB
Andreessen Horowitz (a16z) has raised $2.2 billion for its new Crypto Fund 5, signaling renewed venture-capital appetite for digital assets. The firm says the fund will back crypto startups across multiple stages, with plans to deploy the capital gradually over the next decade.
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