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via Cointelegraph · By Cointelegraph Staff
A16z Raises $2.2B for New Crypto Fund
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CS
Cointelegraph Staff(07:24 AM UTC)
1 min read
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…
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