{"id":8732,"date":"2021-06-25T00:54:04","date_gmt":"2021-06-25T00:54:04","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/andreessen-horowitz-says-crypto-is-the-future-of-finance-launches-2-2-billion-crypto-venture-fund\/"},"modified":"2021-06-25T00:54:04","modified_gmt":"2021-06-25T00:54:04","slug":"andreessen-horowitz-says-crypto-is-the-future-of-finance-launches-2-2-billion-crypto-venture-fund","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/andreessen-horowitz-says-crypto-is-the-future-of-finance-launches-2-2-billion-crypto-venture-fund\/","title":{"rendered":"Andreessen Horowitz Says Crypto Is \u2018the Future of Finance\u2019 \u2014 Launches $2.2 Billion Crypto Venture Fund"},"content":{"rendered":"<p><strong>Andreessen Horowitz, the Silicon Valley venture capital firm founded by Marc Andreessen and Ben Horowitz, has announced the launch of a $2.2 billion crypto fund. The firm is \u201cradically optimistic about crypto\u2019s potential to restore trust and enable new kinds of governance.\u201d<\/strong><\/p>\n<h2>Andreessen Horowitz Launches $2.2 Billion Crypto Fund<\/h2>\n<p>Andreessen Horowitz announced the launch of a new $2.2 billion crypto venture fund Thursday. The Silicon Valley venture capital firm, also known as \u201ca16z,\u201d was founded by Marc Andreessen and Ben Horowitz in 2009.<\/p>\n<p>Chris Dixon, Katie Haun, and Ali Yahya, partners on the crypto team at Andreessen Horowitz, explained the new fund in a blog post titled \u201cCrypto Fund III.\u201d They wrote:<\/p>\n<p>The size of this fund speaks to the size of the opportunity before us: crypto is not only the future of finance but, as with the internet in the early days, is poised to transform all aspects of our lives.<\/p>\n<p>\u201cThis fund allows us to find the next generation of visionary crypto founders, and invest in the most exciting areas of crypto,\u201d the a16z partners explained. \u201cWe invest in all stages, from early seed-stage projects to fully developed later-stage networks.\u201d<\/p>\n<p>Haun told CNBC Thursday that the fund is not a hedge fund but a venture fund. She clarified that the fund invests in tokens and protocols as well as businesses.<\/p>\n<p>The company\u2019s first crypto-focused fund was launched three years ago during a crypto winter when the value of bitcoin plunged roughly 80% from its 2017 highs.<\/p>\n<p><!-- growjs zone placement 31 -->    <!-- end of growjs zone placement --> <\/p>\n<p>The partners further detailed:<\/p>\n<p>We believe that the next wave of computing innovation will be driven by crypto. We are radically optimistic about crypto\u2019s potential to restore trust and enable new kinds of governance where communities collectively make important decisions about how networks evolve, what behaviors are permitted, and how economic benefits are distributed.<\/p>\n<p>\u201cThat\u2019s why today we\u2019re pleased to announce a new $2.2 billion fund to continue investing in crypto networks and the founders and teams building in this space,\u201d the partners emphasized.<\/p>\n<p><em><strong>What do you think about venture capital firm Andreessen Horowitz launching a $2.2 billion crypto fund? Let us know in the comments section below.<\/strong><\/em><\/p>\n<p>Bitcoin News<br \/>\nFinance, A16Z, Andreessen Horowitz, Andreessen Horowitz bitcoin, Andreessen Horowitz crypto, Andreessen Horowitz cryptocurrency, crypto fund, cryptocurrency fund, venture crypto fund<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Andreessen Horowitz, the Silicon Valley venture capital firm founded by Marc Andreessen and Ben Horowitz, has announced the launch of a $2.2 billion crypto fund. The firm is \u201cradically optimistic about crypto\u2019s potential to restore trust and enable new kinds of governance.\u201d Andreessen Horowitz Launches $2.2 Billion Crypto Fund Andreessen Horowitz announced the launch of&hellip;<\/p>\n","protected":false},"author":0,"featured_media":8733,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-8732","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/8732"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=8732"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/8732\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/8733"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=8732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=8732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=8732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}