While the Global Economy Shudders, Andreessen Horowitz ‘Excited’ to Invest $500M Into the Crypto Industry

The personal enterprise capital agency Andreessen Horowitz (a16z) has introduced the firm is investing $515 million into the cryptocurrency business. The agency says its “excited” to bolster crypto networks and companies. Additional, the firm hopes to strengthen concepts like next-generation funds, a contemporary retailer of worth, decentralized finance, content material monetization, and Internet three.zero ideas.

Andreessen Horowitz Invests Over $500M Into the Crypto Industry

Two executives from the enterprise capital agency Andreessen Horowitz; Chris Dixon, and Katie Haun introduced a brand new enterprise referred to as the Crypto Fund II on Friday. The enterprise capital agency will make investments $515 million into the long-term growth of “crypto networks and companies.” Andreessen Horowitz has been an investor in cryptocurrency options and blockchain applied sciences since 2013. The corporate’s founders Marc Andreessen and Ben Horowitz are agency believers in the…

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