Andreessen Horowitz Raising $450mn for New Crypto Fund

Andreessen Horowitz is looking to raise $450mn for their second cryptocurrency fund after raising $350mn for their first fund in 2018; the venture capital firm made their name on investments in Facebook and Twitter, more recently they have become one of the biggest VC investors in the crypto space; the FT reports that the fund could be finalized within the next week but they have not yet decided on a hard cap on its size; cryptocurrencies have done pretty well during the current crisis after some early turmoil in the space; according to the Bloomberg Galaxy Crypto Index cryptocurrencies were up about 6.5 percent this year; the firm’s first fund focused on new protocols and projects that were backed by reserve assets like the U.S. dollar. Financial Times

  • With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

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