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via Cointelegraph · By Cointelegraph Staff

A16z Raises $2.2B for New Crypto Fund

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Resistance 2$2.0295
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CS
Cointelegraph Staff
(07:24 AM UTC)
1 min read
DK
Approved byDavid Kim
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The crypto-focused arm of venture capital firm Andreessen Horowitz has raised $2.2 billion for its fifth fund dedicated to backing crypto projects.

In a blog post on Tuesday, a16z Crypto said its latest fund, Crypto Fund 5, would back founders “turning new infrastructure into products people use every day,” including stablecoins, perpetual futures, prediction markets and tokenized assets.

“Software…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Cointelegraph Staff · Cointelegraph

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