Andreessen Horowitz plans $1 bln cryptocurrency VC fund – FT – Reuters
- Date: 01-May-2021
- Source: Reuters
- Sector:Financial Markets
- Country:Middle East
Andreessen Horowitz plans $1 bln cryptocurrency VC fund – FT – Reuters
Venture capital giant Andreessen Horowitz is looking to raise a fund of as much as $1 billion to invest in cryptocurrencies and crypto start-ups, the Financial Times reported on Friday.
The new fund is aiming to raise between $800 million and $1 billion from investors, the report said, citing people familiar with the matter.
Andreessen Horowitz did not immediately respond to a Reuters request for comment.