a16z launches $2.2 billion crypto fund to support stablecoins and tokenized assets

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CoinWorld News reports that a16z (Andreessen Horowitz) has announced the launch of a $2.2 billion crypto fund aimed at supporting infrastructure applications related to stablecoins and tokenized assets. The fund will support founders developing products related to stablecoins, perpetual futures, prediction markets, and tokenized assets, with a focus on tools used in everyday financial activities. a16z stated that as the complexity of software systems increases and internet infrastructure becomes more centralized, the demand for designing trust-based and open crypto networks is also rising. The firm also pointed out that the use of stablecoins has continued to grow during market downturns, and activity in perpetual futures and prediction markets has also seen significant growth. a16z believes that traditional financial assets are increasingly migrating onto the chain, and blockchain-based systems are settling transactions at lower costs and near-instant execution, pointing toward a new financial system accessible through internet-connected platforms.

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