A16z crypto, the digital assets arm of Andreessen Horowitz, said it raised $2.2 billion for its fifth crypto fund. The fund is about half the size of the $4.5 billion fund it raised in 2022, shortly before the crypto crash.
The fund brings its total committed capital in crypto to $9.8 billion. The crypto rally sparked by President Trump’s 2024 election has cooled down, and fundraising for
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