不懂就问，
babylon 现在FDV 1.8亿美金，距离上线时高点跌了10倍，
那时候还都在说严重低估，5B才是合理估值，毕竟机构是估值8亿投的。
求问，在这种情况下，为何A16z 1月7号又投了1500万美金？？？
这是把项目卖了吗？？？没看懂这是什么操作......

Twitter

I have a question.

Babylon's current FDV is $180 million, a tenfold drop from its launch high.

Back then, everyone was saying it was severely undervalued, and that 5B was the reasonable valuation, considering institutions invested at a valuation of $800 million.

Why did A16z invest another $15 million on January 7th under these circumstances?

Did they sell the project? I don't understand this move...

Author | Jeff Park (Chief Information Officer, Bitwise)
Compiled by Odaily Odaily(@OdailyChina)
Translator | Dingdang (@XiaMiPP)
Editor's Note: On February 5th, the cryptocurrency market experienced another sharp drop, with over $2.6 billion liquidated in 24 hours. Bitcoin briefly plummeted to $60,000, but the market seems to lack a clear consensus on the causes of this decline. Jeff Park, CIO of Bitwise, offers a new analytical framework from the perspective of options and hedging mechanisms. [...]

The Black Swan Event Was Actually This: The Real Reason for the Recent Bitcoin Crash

Author | Jeff Park (Chief Information Officer, Bitwise)
Compiled by Odaily Odaily(@OdailyChina)
Translator | Dingdang (@XiaMiPP)
Editor's Note: On February 5th, the cryptocurrency market experienced another crash, with over $2.6 billion liquidated in 24 hours. Bitcoin briefly plummeted to $60,000, but the market seems to lack a clear consensus on the causes of this decline. Bitwise CIO Jeff Park offers a new analytical framework from the perspective of options and hedging mechanisms.
...

The release of this new regulation marks a historic leap in the attitude of Chinese regulators towards virtual assets, shifting from a "complete ban" to a "combination of restriction and guidance."

Article Author & Source: Guofeng Law Firm On February 6, 2026, the "Notice on Further Preventing and Handling Risks Related to Virtual Currencies" (Yinfa [2026] No. 42, hereinafter referred to as "Document No. 42"), jointly issued by eight ministries led by the People's Bank of China, and the "Regulatory Guidelines on the Issuance of Asset-Backed Securities Tokens Overseas by Domestic Assets" (hereinafter referred to as the "Guidelines") simultaneously issued by the China Securities Regulatory Commission, have triggered significant reactions in the legal and financial circles...

Breaking News! The Year of China's RWA: A Compliant Channel Opens for Trillions of Yuan in Domestic Assets to Go Global

😂突然想起当时0.1卖掉，也算属于高点了？

😂 Suddenly remembered that I sold it at 0.1 back then, which was considered a high point?

可能是押注下一轮吧，毕竟btc生态起飞是每轮牛市的起点🤔

Maybe they're betting on the next round, after all, the takeoff of the BTC ecosystem is the starting point of every bull market 🤔