From Nasdaq:

Andreessen Horowitz (a16z) general partner Chris Dixon stated that none of the companies in the a16z portfolio sell tokens to the public. However, an examination of a16z’s investments revealed several cases where this is not true, including DFINITY and Fei Protocol.

During an interview, Dixon mentioned Helium as an example of a company not selling tokens to the public. However, a closer look reveals conflicting instances in a16z’s portfolio, such as the involvement with DFINITY and Fei Protocol.

Notable investments by a16z also include Sky Mavis, the developer behind Axie Infinity, which recently sold its AXS token on Binance Launchpad, and various NFT-focused companies such as PROOF Collective.

Chris Dixon, of a16z, spoke on non-fungible tokens (NFTs) and a16z-backed companies selling NFTs, including platforms like VeeFriends and Yuga Labs.

Benzinga reached out to Dixon for a comment on the a16z portfolio.



Read more: a16z’s Dixon Denies Public Token Sales, But Portfolio Tells A Different Story: Report