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 Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 4 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 6 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 8 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 11 days ago
  • Can a $300M RWA Fund Save Avalanche's TVL? 12 days ago

    • You need to login to comment.