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. These funds focus on blockchain networks, blockchain-based storage and data retrieval systems, as well as smart contracts, blockchain applications, and payment solutions. The funds support suitable companies from the seed stage through the early growth stage.

In the past, a16z has, for example, made very early and successful investments in companies such as Skype, Facebook, and Twitter. Since investing in Coinbase during its Series B round in 2013 and making other significant investments in promising blockchain companies, a16z has become the industry’s leading investor. Andreessen Horowitz currently manages assets totaling $28.2 billion across multiple funds.