Andreessen Horowitz's new $2.2 billion crypto fund is chasing stablecoins, DeFi, and the builders no one is watching
Summary
Venture capital firm Andreessen Horowitz (a16z) has raised $2.2 billion for its fifth crypto fund, aiming to invest in founders building practical blockchain applications. Despite a broader venture capital shift toward artificial intelligence, the firm asserts that crypto fundamentals are at an all-time high. The fund focuses on sectors like stablecoins, decentralized finance, and blockchain-based systems, emphasizing the role of crypto as a coordination layer for increasingly complex AI infrastructure.
(Source:CoinDesk)