As crypto cools, a16z crypto raises a .2B fund

As crypto cools, a16z crypto raises a $2.2B fund

In a blog post that lays out a vision for crypto’s future, ranging from a “new financial system” to warnings about “opaque” AI, a16z crypto announced a new $2.2 billion fund. This is the VC firm’s fifth fund and brings the total raised to date to $9.8 billion, it...