Andreessen Horowitz Launches $2.2B Crypto Fund 5

Andreessen Horowitz launched its $2.2 billion Crypto Fund 5 to back crypto startups across all stages. A company spokesperson said the firm plans to deploy the capital over a decade. The firm said it sees crypto fundamentals at an all-time high and is focusing on practical applications such as payments, stablecoins, and decentralized systems.

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