Investment in Andreessen Horowitz CNK Fund IV & CNK Seed Fund I

We have invested in Andreessen Horowitz (a16z) CNK Fund IV & CNK Seed Fund I. The funds have an investment focus on blockchain networks, blockchain-based storage and data retrieval systems, as well as smart contracts, blockchain applications and payment solutions. The funds support compatible companies from the seed to the early growth stage.

In the past, a16z invested very early and successfully in such companies as Skype, Facebook and Twitter, for example. Since its Series B investment in Coinbase in 2013 and further significant investments in promising blockchain companies, a16z has become the most prominent equity investor in the industry. Andreessen Horowitz currently manages USD 28.2 billion in assets across multiple funds.