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Benzinga
Benzinga
Business
Samyuktha Sriram

Andreessen Horowitz Plans To Raise $4.5B For New Crypto Funds

Andreessen Horowitz Silicon Valley

Silicon Valley-based venture capital firm Andreessen Horowitz, or a16z, plans to raise $4.5 billion for a new series of cryptocurrency funds.

What Happened: The firm intends to raise $3.5 billion for its latest crypto venture fund and $1 billion for another fund focused on seed investments in crypto startups, according to a report from Financial Times. 

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