Your email has been successfully added to our mailing list.

×
0 -5.05801543705851E-05 0.000617077883321714 0.00137578019888118 -0.00310562147835669 0.000698006130314765 0.00777922774220313 0.00996429041101447
Stock impact report

Exclusive: Former a16z crypto investor raises $10 million to launch stablecoin clearinghouse Better Money [Yahoo! Finance]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
capitalist at a16z crypto decided to leave and launch his own stablecoin startup. The former investor, Sam Broner, announced on Tuesday that he and a college friend raised $10 million for what they call The Better Money Company, which aims to create a stablecoin clearinghouse, or locale that lets customers cheaply exchange different dollar-backed tokens. Broner's former employer, a16z crypto, led the seed round, with participation from BoxGroup and Sunflower Capital, along with notable angel investors like the Circle cofounder Sean Neville and Charlie Songhurst, a former Microsoft executive. Broner and his cofounder Adam Zuckerman declined to say at what valuation they raised their capital. Andreessen Horowitz's crypto arm backed The Better Money Company because of Broner, said Ali Yahya, a general partner at Andreessen Horowitz. “He very quickly became our stablecoin expert and taught us a lot about stablecoins,” he said in an interview with Fortune . “So primarily, it's an inves Show less Read more
Impact Snapshot
Event Time:
MA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for MA alerts
Opt-in for
MA alerts

from News Quantified
Opt-in for
MA alerts

from News Quantified