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a16z launches $2.2 billion crypto fund Crypto Fund 5
Golden Finance reports that a16z has announced the launch of a new crypto fund, “Crypto Fund 5,” with a scale of $2.2 billion. The fund will continue to deploy capital over the next ten years, covering investments across all stages of the crypto sector. a16z stated that this round of funding will focus on “application projects with real practical value,” including payments, financial services, decentralized systems, and other areas. The core judgment is that: the current market is more suitable for building “long-term sustainable infrastructure and products” rather than short-term narrative-driven projects.