Cryptocurrency News

Andreessen Horowitz closes $4.5 billion crypto fund amid market turmoil

05/25/2022

Less than a minute

2022.05.25 22:20

Andreessen Horowitz closes $4.5 billion crypto fund amid market turmoil

Even though crypto markets appear to be on a long, arduous path ahead based on recent weeks of token turmoil, venture investors looking to get their hands on a Web3 future aren’t slowing down.

On Wednesday, venture capital giant, 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.

05/25/2022

Less than a minute

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