Andreessen Horowitz Launches 4th Crypto Fund Targeted At Web 3.0; Crypto Market Trades Lower

Despite crypto market trading with losses for several weeks now VC firm Andreessen Horowitz has launched their $4.5 billion 4th crypto fund targeting Web 3.0 companies.

Andreessen Horowitz (a16z), a venture capital firm in Silicon Valley, US, which announced its $2.2 billion Crypto Fund III a few months back, is now reportedly looking forward to launching a new $4.5 billion Web 3.0 fund amid the ongoing crypto market turmoil. About one-third of the new mega fund will be earmarked for seed deals exclusively, as per various media sources.

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Tech enthusiastic, life explorer, single, motivator, blogger, writer, software engineer

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Alok Gupta

Tech enthusiastic, life explorer, single, motivator, blogger, writer, software engineer