Thursday, November 14, 2024
Home > News > Bitcoin News > Andreessen Horowitz Gets FTC OK for Unspecified Coinbase Transaction

Andreessen Horowitz Gets FTC OK for Unspecified Coinbase Transaction

Andreessen Horowitz’s (a16z) late-stage venture fund has received a green light from the U.S. Federal Trade Commission (FTC) for a transaction involving Coinbase. It is unclear at press time whether the approval is for the fund’s previously disclosed purchase of shares in the cryptocurrency exchange or for a new purchase.

Source