Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Crypto-currency firm MakerDAO receives funding from Andreessen Horowitz
October 22, 2018

The renowned American venture fund, Andreessen Horowitz, invests DKK 100m into "stable coin" company MakerDAO, which means that its crypto currency is pegged to a real currency - MakerDAO’s coin is called dai. The fund receives a 6 % stake in the company for its investment. The currenct market cap for dai is DKK 3bn.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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