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Posted on • Originally published at mlxio.com

Andreessen Horowitz Raises $2.2B to Crush Crypto Startup Funding

Andreessen Horowitz secures $2.2B, the largest crypto fund by a traditional VC, to back the next generation of blockchain startups.

Key takeaways

  • Andreessen Horowitz Secures $2.2 Billion to Boost Crypto Startup Investments
  • Andreessen Horowitz just set a new bar for crypto venture funding, locking in $2.2 billion to back the sector’s next breakout startups. The Silicon Valley heavyweight ...
  • The new war chest dwarfs the firm’s previous $515 million crypto fund from 2020 and doubles the $1 billion crypto funds raised by rivals like Paradigm. General partner...
  • The raise comes as crypto markets regain their footing after a year of volatility. Bitcoin has clawed back from 2022’s lows, trading above $60,000, while venture capit...

👉 Read the full breakdown on MLXIO

Canonical source: https://mlxio.com/crypto/andreessen-horowitz-raises-2-2b-crypto-fund

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