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13 May 2021

Andreessen Horowitz considers launching crypto-centric $1 billion venture fund | CryptoSlate

Andreessen Horowitz considers launching crypto-centric $1 billion venture fund | CryptoSlate


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Andreessen Horowitz considers launching crypto-centric $1 billion venture fund.

Silicon Valley venture capital giant Andreessen Horowitz (a16z) plans to launch a new $1 billion fund focused on investments in cryptocurrencies and blockchain startups, several knowledgeable sources told Financial Times yesterday.

As CryptoSlate reported last week, the combination of capital inflows and the increase in prices pushed the total worth of crypto assets under various companies’ management to $64 billion in total.

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