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Andreessen Horowitz Has Launched a $300 Million Crypto Fund

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Silicon Valley investment powerhouse Andreessen Horowitz (a16z) has launched a new $300 million fund focused on cryptocurrencies.

The fund, as explained in a blog post published Monday, will be named “a16z” and will notably feature former federal prosecutor and Assistant U.S. Attorney Kathryn Haun as one of its co-leads. Haun has also been named as the firm’s latest general partner.

That the investment firm would move to vastly expand the scope of its activities in the industry is unsurprising, given the millions it has poured into projects and protocols built around a range of use cases. Andreessen Horowitz has also ...

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