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Latest Issues

What prediction markets actually know

Prediction markets, which allow people to trade on event outcomes, entered the U.S. at scale last year and are now being used to track everything from geopolitics to entertainment award winners. But what are they?

As an economist who has l...

11 days ago
47
2

The tokenization boom in 7 charts

The market for tokenized assets — what others sometimes call “real-world” assets (RWAs) — crossed $30 billion last month. It has since stayed above that level near $34 billion. (And that’s excluding stablecoins.) The market is roughly the s...

18 days ago
78
2

Finally, finance's digital transformation

As someone who thinks of himself as a “crypto” person, I’ve always found it puzzling that Wall Street — and increasingly, Washington — insists on using the term “digital assets.”

Almost every asset I interact with on a regular basis is dig...

20 days ago
62
9

The law was built for companies. The future may be built by networks

The Senate Banking Committee just voted on a bipartisan basis to advance crypto “market structure” legislation — a historic milestone that moves the crypto industry forward. How? Because the Digital Asset Market CLARITY Act (CLARITY) would...

a month ago
47
1

Why 'stablecoins' won't age well

Ford Broncos aside, cars no longer have much to do with horses. Yet we still measure engines in terms of “horsepower.”

The analogy was useful at first.¹ To explain a strange new machine to 19th-century ears, you reached for the familiar: T...

a month ago
57
7

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Authors

The writers behind this newsletter.

  • a16z crypto

    we back bold entrepreneurs building the next internet

  • Scott Duke Kominers

    QED

  • Jay Drain Jr.

    one of one.

  • cdixon

    Programming, philosophy, history, internet, startups, investing

  • Robert Hackett

    word rotation @a16zcrypto

  • Andy Hall

    Experiments to preserve liberty in an algorithmic world. Prof @ Stanford GSB & Hoover.

  • Christian Catalini

    Tech founder with roots in academia. Founded the MIT Cryptoeconomics Lab. Co-founded Lightspark. Co-created Libra. After Lightspark, reset for one last meaningful swing before AGI does the rest. \ud83e\udd16

  • Christian Crowley

    GTM, a16z crypto

  • Noah Levine

    Investment Partner @ a16z crypto

  • Jason Rosenthal

    Operating Partner, a16z crypto. 25 years working on frontier tech. 2X CEO, 4 exits & previously VP Subscriptions at Google.

  • Pyrs Carvolth

    Never split the difference.

  • Samuel Ragsdale

    CEO & Founder of Merit Systems -- Open Agentic Commerce

  • Pranav Garimidi

    Research @a16z crypto

  • Joachim Neu
  • Max Resnick

    Lead Economist at Anza

  • Matt Gleason
  • Jeremy Zhang
  • Daejun Park

    formal methods @ a16z crypto

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