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University of Michigan Considers Further Investment in A16z Fund

Liang CHE

Summary: According to coindesk.com, the University of Michigan, which has about $12 billion in funding, is considering investing further in the trust fund a16z of venture capital giant Andreessen Horowitz. According to the agenda of the board meeting announced on Tuesday, the university had previously invested $3 million in Horowitz's $300 million crypto fund in June ...

According to coindesk.com, the University of Michigan, which has about $12 billion in funding, is considering investing further in the trust fund a16z of venture capital giant Andreessen Horowitz. According to the agenda of the board meeting announced on Tuesday, the university had previously invested $3 million in Horowitz's $300 million crypto fund in June 2018 and is currently considering follow-up investments. However, it did not disclose the exact amount.

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