A16z Leads $28M Round for Privacy Coin Iron Fish

A16z Leads M Round for Privacy Coin Iron Fish
Iron Fish, a decentralized blockchain network that aims to create a cryptocurrency as private as cash, has raised $27.7 million in a Series A round led by Andreessen Horowitz (a16z) ahead of the network’s Dec. 1 testnet launch.“While a number of Web 3 teams are now building developer-oriented privacy tools for blockchains, there’s also a need for mainstream privacy solutions that are accessible for everyday users,” wrote a16z general partner Ali Yahya, deal analyst Elena Burger and crypto partner Guy Wuollet in a blog post. ”That’s why we’re thrilled to invest in Iron Fish, a decentralized blockchain network using zero-knowledge…