This is the year the world came onchain.
When we launched our first State of Crypto report, the industry was still in its adolescence. The total crypto market was worth about half what it is today. Blockchains were much slower, more expensive, and le
Each year, the State of Crypto report from a16z crypto cuts through the noise and tracks crypto’s evolution across markets, technology, policy, and culture.
Now in its fourth edition, the 2025 State of Crypto report reveals how crypto has gone ma
Yehuda Lindell (Coinbase) describes his experiences moving from pure academic research to building a startup to deploying advanced cryptography at Coinbase. Yehuda first discusses some of the business challenges that can arise when building a startup based on “new” cryptography. Second, he considers the different mindset a cryptographer needs when deploying real solutions that protect real people’s data and money.
About the presenter
Yehuda Lindell is the Head of Cryptography at Coinbase. Prior to that, he was the CEO of Unbound Security and a professor of Computer Science at Bar-Ilan University. Yehuda’s research is mainly focused on the theoretical and applied aspects of secure multiparty computation (MPC).
About a16z crypto
research a16z crypto research is a multidisciplinary lab that works closely with our portfolio companies and others toward solving the important problems in the space, and toward advancing the science and technology of the next generation of the internet.
More about us:
a16z.com/2022/04/21/announcing-a16z-crypto-research More from the a16z crypto team – Subscribe to our ‘web3 weekly newsletter’: a16zcrypto.substack.com – Listen to our ‘web3 with a16z’ podcast: a16zcrypto.com/web3-with-a16z-podcast/ – Read more of our work: a16zcrypto.com