Andreessen Horowitz (a16z) raised $4,5B for new crypto fund Andreessen Horowitz’ crypto unit, known as a16z crypto, announced on Wednesday that is has raised $4.5 billion for its fourth fund.
The firm plans to allocate $1.5 billion of the funds to make seed investments in Web3, and $3 billion to make more traditional startup investments.
Official announcement - link
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