A16z leads $40M raise for decentralized knowledge protocol

Cointelegraph

Published Oct 03, 2022 05:20PM ET

Updated Oct 03, 2022 07:00PM ET

Decentralized knowledge protocol Golden has closed a $40 million funding round led by venture firm Andreessen Horowitz, or a16z, with additional participation from Protocol Labs, OpenSea Ventures and the founders of Solana, Dropbox (NASDAQ:DBX), Postmates and Twitch, among others.

In addition to leading the Series B funding round, Andreessen Horowitz’s general partner Ali Yahya will join Golden’s board alongside a16z cofounder Marc Andreessen. The funding gives Golden additional resources to continue building its protocol, which is designed to standardize the discovery and verification of knowledge in the era of Web3.

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