Sources advised the Monetary Instances that Andreessen Horowitz (a16z) is elevating one other crypto fund, reportedly focused at $450 million.
Citing two sources with data, FT says a16z has but to shut the fund however might accomplish that quickly. The dimensions of the fund just isn’t capped.
A spokesperson for a16z declined to remark to Fintech Zoom.
Notably, it backed Coinbase as early as 2013. Extra just lately, a16z was a founding member of Fb’s Libra Affiliation.
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