Andreessen Horowitz Raises $2.2B for Fifth Crypto Startup Fund

Andreessen Horowitz raised $2.2 billion for its fifth crypto fund, lifting the firm’s total crypto capital under management to nearly $9.8 billion. The new fund matches the size of the firm’s 2021 crypto fund but is smaller than its record $4.5 billion fund raised in 2022. Andreessen Horowitz said it plans to back crypto infrastructure and product startups.

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