News

Gelonghui March 5th｜Australia's S&P/ASX200 index opened up by 61.00 points, an increase of 0.69%, at 8962.20 points.

Geopolitical tensions are intensifying, and U.S. inflation pressure has become the focus of the market. Investors are reassessing the Federal Reserve's rate-cut path, and U.S. Treasury yields are rising. Analysts point out that the surge in oil prices has shifted the market's attention from "risk aversion" to "inflation defense." If military conflicts in the Middle East continue to affect crude oil supply, it will push up U.S. inflation pressure, reduce the Federal Reserve's monetary policy flexibility, and increase uncertainty about the global economic outlook.

Jinse Finance reported, according to Fortune Magazine, that several sources revealed the blockchain division of venture capital giant Andreessen Horowitz, a16z crypto, is raising funds for its fifth fund. Sources said the fund's target size is about 2 billions USD, with plans to complete fundraising by the end of the first half of 2026. Due to the confidential nature of the discussions, the sources requested anonymity. As one of the largest players in crypto venture capital, a16z crypto's fundraising during a bearish blockchain market has attracted significant attention.