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a16z Crypto Invests $15 Million in Babylon, BABY Token Surges
Source: CryptoNewsNet Original Title: US Giant Managing $46 Billion Announces Multi-Million Dollar Investment in Surprise Altcoin! Price Soars! Original Link: According to Fortune, venture capital giant Andreessen Horowitz (a16z) has invested $15 million in Babylon.
Following the news, the BABY token experienced a significant surge.
David Tse, co-founder of the startup Babylon, announced that he has received a $15 million investment from a16z crypto, the crypto arm of venture capital firm Andreessen Horowitz. In an interview with Fortune, Tse did not disclose Babylon’s valuation.