Venture capital firm Andreessen Horowitz (a16z) has launched a $600 million gaming fund.
According to the news of the Wall Street Journal dated May 18 Andreessen Horowitz (a16z), in order to invest in all the opportunities they see in the gaming industry. 600 million dollars fund started and games infrastructure of metaverse thinks it will.
a16z made a statement on the subject:
The infrastructure and technology of the $300 billion gaming industry will form the building blocks of the metaverse. Also, the metaverse is an opportunity to eclipse the gaming industry.
said.
Jonathan Lai, one of a16z’s investors, said:a16z has believed and invested in the gaming industry for over 10 years. We think that the best still has not come about the game. This fund, which we have created specifically for games, will allow us to invest in all the opportunities we see.” said.
Also in the news, the company’s startup with play-win model to the metaverse and blockchain games played He was told he was going to invest.
Andreessen Horowitz started investing in the cryptocurrency sector in June last year. $2.2 billion established a huge fund and for that period a he broke the record. The company today to be among the biggest investors continues.