a16z just backed OpenReserve - a 24/7 blockchain bank built by ex-MoneyLion execs that landed preliminary approval for a national charter.

Real crypto rails meeting traditional banking infrastructure. This isn't another neobank with crypto features bolted on - it's native blockchain settlement with actual regulatory clearance.

Watch this space. When a16z moves into banking infrastructure plays, they're positioning for the next wave of institutional adoption.

The gap between TradFi and DeFi keeps shrinking.