This year, the volume of seed-stage deals dominated with nearly 396 deals aggregating to $705.86 million while about 166 investments at series A amounted to about $1.67 billion, data until December 20, showed.
The fear is that going ahead, companies or traders could move to stablecoins even for domestic payments.
Andreessen blocked Dorsey from seeing or responding to his tweets, prompting another quip from Dorsey. “I’m officially banned from web3,” the Twitter co-founder joked.
Following a flurry of sales, Musk still has about 1.5 million stock options that expire in August next year. Tesla shares ended 7.5% higher at $1,008.87, valuing the company at just over $1 trillion.
Tencent will distribute $16.37 billion worth of its JD.com stake to shareholders, slashing its holding in China's second-biggest e-commerce company to 2.3% from around 17% now and losing its spot as JD.com's biggest shareholder to Walmart.