
a16z-Backed Story Protocol Rebrands to DATA Foundation, Pivots to AI Data Licensing
The a16z-backed startup, formerly **Story Protocol**, has rebranded to **DATA Foundation** and will now focus on an **AI** data consent and licensing audit layer.

The a16z-backed startup, formerly **Story Protocol**, has rebranded to **DATA Foundation** and will now focus on an **AI** data consent and licensing audit layer.

Illinois has enacted a new transaction tax on cryptocurrency trades, drawing significant criticism from industry participants who argue it creates an unfair burden.

Digital Asset secured $355 million in funding from Wall Street giants and a sovereign wealth fund to advance its institutional Canton Network.

Blockchain firm Digital Asset raised $355 million in an a16z-led round, reaching a $2 billion valuation as Wall Street expands pilots of its Canton Network.

Decentralized lending protocol Morpho has secured a substantial $175 million investment from leading venture capital firms, aiming to revolutionize global credit markets on-chain.

Major cryptocurrencies remained largely stable, while Andreessen Horowitz secured a significant $15 billion fund for AI and crypto, and institutional adoption continues to expand.