Venture capital firm Andreessen Horowitz (a16z) has invested $75 million in Arc, a new blockchain platform designed for institutional finance. Arc aims to provide a fast, secure, and efficient economic operating system for large enterprises, enabling them to conduct transactions in U.S. dollars with settlement times under a second. The platform is EVM-compatible and features configurable privacy settings, allowing institutions to maintain transaction confidentiality while providing necessary access to auditors and regulators.
Arc leverages Circle's Cross-Chain Transfer Protocol (CCTP) and integrates Circle's USDC stablecoin, which circulates across more than 30 blockchains. With over 200 partners, including Goldman Sachs, Visa, and Mastercard, Arc is positioned to become a key player in the evolving landscape of digital finance. The investment by a16z underscores the growing importance of blockchain technology in transforming traditional financial systems.
a16z Invests $75M in Arc Blockchain for Institutional Finance
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