A new blockchain company has raised $102 million in funding from Andreessen Horowitz and crypto hedge fund Polychain Capital, among others.
Dfinity will use that money for hiring and other “initiatives,” founder Dominic Williams told CNBC. Dfinity is working to build a “world computer,” or decentralized cloud computing network.
Andreessen Horowitz partner Chris Dixon told CNBC the ability to support a growing network is the main issue blockchain faces, and he thinks Dfinity can solve this problem. Read more here.