Andreessen Horowitz Announces $4. 5 Billion Fund for Crypto, Blockchain Sector.
26 May 2022, 08:00
Andreessen Horowitz Announces $4.5 Billion Fund for Crypto, Blockchain Sector
At a time when the digital assets market is witnessing an acute downturn, American venture capital fund Andreessen Horowitz has announced a new $4.5 billion fund for crypto and blockchain investments.
This is the fourth fund from the Silicon Valley fund for the crypto asset class. Together, the fund now accumulates $7.6 billion. Andreessen’s first crypto-focused fund was also launched during a downturn four years ago. The latest fund is the fourth in the series and combined they take the total to $7.6 billion, a CNBC report said.