Investment firm Andreessen Horowitz (a16z) can still invest billions of dollars in cryptocurrency projects.
a16z, last may Crypto Fund 4 under the name of a fund with a total size of 4.5 billion dollars. $1.5 billion of the fund seed investments; the remaining 3 billion dollars is in the sector. for initiatives Left.
Chris Dixon, the founder of the cryptocurrency fund, shared information about the general situation of this fund in his new interview.
4.5 billion dollar fund “They use less than 50%” Dixon said, “So we have we still have the majority” said.
a16z has launched its first fund in the cryptocurrency industry from this four years established before. A16z, one of the giants of Silicon Valley, has been in total for crypto money and blockchain projects in the meantime. $7.6 billion collected money.
Crypto startups the company has recently supported include Aztec, Mysten Labs, Yuga Labs. The company has invested in names like Anchorage Digital, Sky Mavis, and Coinbase in the past.