Venture Firm A16z Aims For $1 Billion Crypto Fund
The crypto space will soon have fresh capital to gain.
Recent report from the Financial Times states leading venture capital firm Andreessen Horowitz (a16z) is aiming for a third crypto fund.
After its first crypto fund in 2018 and a second crypto fund in 2020, the investment firm wants a third crypto fund that will invest as much as $1 Billion dedicated to crypto and statups.
This will be the biggest fund raise ever and will surely benefit a lot in the crypto space.
A16z has become successful with early investments from Coinbase and Ripple and has invested a good amount in crypto startups.
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