💰 The Andreessen Horowitz crypto division — a16z — has formed a fund worth $2.2 billion. Over the next decade, the funds will be used to support startups at all stages of development.



The fund's priorities: stablecoins, payments and financial services, decentralized systems, as well as on-chain markets — perpetual contracts, lending, prediction markets, and tokenized assets.

a16z crypto noted that the fundamental indicators of the crypto industry have reached record levels — despite weak market sentiment and capital flowing into the AI sector.
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