{"id":58513,"date":"2022-03-04T10:26:25","date_gmt":"2022-03-04T08:26:25","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=58513"},"modified":"2025-09-04T17:11:24","modified_gmt":"2025-09-04T14:11:24","slug":"andreessen-horowitz-invests-70-million-in-lido-finance","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/andreessen-horowitz-invests-70-million-in-lido-finance\/","title":{"rendered":"Andreessen Horowitz Invests $70 Million in Lido Finance"},"content":{"rendered":"<p>Venture firm Andreessen Horowitz (a16z) invested $70 million in the staking service Lido Finance.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Excited to share that <a href=\"https:\/\/twitter.com\/a16z?ref_src=twsrc%5Etfw\">@a16z<\/a> has invested $70M in <a href=\"https:\/\/twitter.com\/LidoFinance?ref_src=twsrc%5Etfw\">@LidoFinance<\/a>, one of the easiest ways to stake ETH and other PoS assets, and we used Lido to stake a portion of our ETH holdings on the Beacon chain. More from <a href=\"https:\/\/twitter.com\/DarenMatsuoka?ref_src=twsrc%5Etfw\">@DarenMatsuoka<\/a> &#038; <a href=\"https:\/\/twitter.com\/_PorterSmith?ref_src=twsrc%5Etfw\">@_PorterSmith<\/a>: <a href=\"https:\/\/t.co\/vc2tzDJ3mS\">https:\/\/t.co\/vc2tzDJ3mS<\/a><\/p>\n<p>\u2014 cdixon.eth (@cdixon) <a href=\"https:\/\/twitter.com\/cdixon\/status\/1499436156861227008?ref_src=twsrc%5Etfw\">March 3, 2022<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>A16z said the move reflected the platform&#8217;s efficiency and simplicity, including its servicing of institutional clients. The firm also noted the decentralisation of the service <a href=\"https:\/\/u1f987.com\/en\/news\/paradigm-hedge-fund-and-partners-to-buy-10-of-lido-tokens\">through the DAO<\/a>.<\/p>\n<p>An advantage of Lido Finance is the availability of <a href=\"https:\/\/u1f987.com\/en\/news\/defi-chronicles-2021-prospects-for-the-financial-lego\">liquid staking<\/a>. For the latter, the project uses the native token stETH, representing a tokenised version of the coins involved in the Ethereum 2.0 ecosystem <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-ethereum-2-0\">Ethereum 2.0<\/a>.<\/p>\n<p>The total value of assets committed to Lido exceeds <a href=\"https:\/\/lido.fi\/\">$13.7 billion<\/a>. In addition to Ethereum 2.0, the service allows staking LUNA to receive bLUNA with an annual yield of 7.5%. You can also stake Solana to obtain stSOL and stake Kusama for stKSM.<\/p>\n<p>As reported, the investment firm Paradigm sent 15,120 ETH to the Lido DAO treasury as part of a bid to buy 10% of the DeFi project&#8217;s token issuance.<\/p>\n<p> Follow ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog Feed<\/a> \u2014 the full news stream, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog<\/a> \u2014 the most important news, infographics and opinions <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Venture firm Andreessen Horowitz (a16z) invested $70 million in the staking service Lido Finance.<\/p>\n","protected":false},"author":1,"featured_media":58514,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[848,1289,1387],"class_list":["post-58513","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-andreessen-horowitz","tag-cryptocurrency-staking","tag-lido"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/58513","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=58513"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/58513\/revisions"}],"predecessor-version":[{"id":58515,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/58513\/revisions\/58515"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/58514"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=58513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=58513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=58513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}