Andreessen Horowitz is launching a $300 million fund to invest in crypto — and it hired its first-ever female general partner to lead the effort

June 30, 2018
 
  • Andreessen Horowitz is launching a $300 million fund to invest in cryptocurrency companies and protocols, called “a16z crypto.”
  • The top VC firm hired Katie Haun, a former prosecutor with the US Department of Justice, to lead the fund alongside partner Chris Dixon.
  • The new crypto fund plans to invest consistently over time, even in the event of another “crypto winter.” 

As the price of bitcoin slips to a 2018 low, top Silicon Valley venture firm Andreessen Horowitz shows it’s not backing down with the launch of a $300 million venture fund, called a16z crypto, which will invest in cryptocurrency companies and protocols.  Read more...

Source: Business Insider