Express

Source: VC Giant A16z Plans To Launch A $1 Billion Cryptocurrency Fund

Mary Liu

Summary: According to the "Financial Times" citing sources familiar with the matter, a16z (Andreessen Horowitz), a Silicon Valley venture capital giant, is preparing to launch a $1 billion cryptocurrency fund. The company's first crypto-related fund raised $300 million in 2018, and in April 2020 it raised $515 million for its second crypto fund. By Mary Liu

According to the "Financial Times" citing sources familiar with the matter, a16z (Andreessen Horowitz), a Silicon Valley venture capital giant, is preparing to launch a $1 billion cryptocurrency fund.

The company's first crypto-related fund raised $300 million in 2018, and in April 2020 it raised $515 million for its second crypto fund.

By Mary Liu

Last Update:

Tags: ,,
Link: Source: VC Giant A16z Plans To Launch A $1 Billion Cryptocurrency Fund   [Copy]
Next:

Related Articles

  • The GENIUS Act & Stablecoin Regulation: BRG's Dominic Zagara on Crypto's Defining ... 1 hour ago
  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 3 days ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 4 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 7 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 8 days ago

    • You need to login to comment.