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Published 2 years ago

Andreessen Horowitz closes $4.5 billion crypto fund amid market turmoil

Summary by Ground News
A16Z announced closing its fourth cryptocurrency fund at $4.5 billion. This brings the total money invested by Andreessen Horowitz in digital currency and blockchain business to more than $7.6 billion. The new investment vehicle will focus on early-stage ideas as well as projects that are more mature and have already shown some traction.

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Times of IndiaTimes of India

Andreessen Horowitz launches $4.5 billion Web3 fund amid market downturn: Report - ET Telecom

“We can’t predict the future state of the market, but we work with our companies to make sure they’re well capitalised to handle the storms,” ..

2 years ago·India
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CNBCCNBC

Andreessen Horowitz raises $4.5 billion crypto fund to take advantage of bargains in down market

Andreessen Horowitz plans to plow billions of dollars into crypto start-ups while digital asset markets are in a downturn.

2 years ago·United States
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Business InsiderBusiness Insider

Andreessen Horowitz launches $4.5 billion crypto fund and sees the market downturn as an opportunity to capitalize on the 'golden era' of web3

A16z is looking at DeFi, decentralized social media, NFT communities, and other areas of the blockchain-based iteration of the internet.

2 years ago·United States
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HandelsblattHandelsblatt

Crypto market: Record amount raised for crypto funds by Andreessen Horowitz

The famous investor is not deterred by falling prices on the crypto market. He has now raised 4.5 billion dollars for a crypto fund.

2 years ago·Düsseldorf, Germany
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ForbesForbes

A16z Crypto’s Record New $4.5 Billion Fund Doubles Down On Web3 Amid Market Crash

Midas List No.1 Chris Dixon and a16z crypto's $4.5 billion fund, a record for venture funds in the sector, comes as prices have crashed recently.

2 years ago·United States
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TechCrunchTechCrunch

Amid crypto market turmoil, Andreessen Horowitz announces $4.5 billion web3 fund – TechCrunch

Despite a gloomy outlook for crypto markets based on the past few weeks of token turbulence, venture capitalists looking to spend their way into a web3 future aren’t taking their foot off of the gas. Andreessen Horowitz, which underwent a bit of a transformation over the past few years scalin…

2 years ago·United States
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