"Andreessen Horowitz, one of Silicon Valley’s highest profile venture capital firms, is looking to raise a fund of as much as $1bn to invest in cryptocurrencies and crypto start-ups, after the success of its investment in Coinbase.
The new fund, Andreessen’s third that is focused on cryptocurrency investments, is aiming to raise between $800m and $1bn from investors, according to four people with knowledge of the process.
That would make it one of the largest pools of capital dedicated to crypto and potentially twice the size of its predecessor."
The new fund, Andreessen’s third that is focused on cryptocurrency investments, is aiming to raise between $800m and $1bn from investors, according to four people with knowledge of the process.
That would make it one of the largest pools of capital dedicated to crypto and potentially twice the size of its predecessor."