Andreessen Horowitz is, to date, arguably one of the most prolific investors in the blockchain sector.
Andreessen Horowitz (A16Z) is reportedly planning to raise a $3.4 billion fund that will be designated for early-stage and seed-stage crypto businesses. development was shared By Axios, which also cites other sources.
According to Axios, a16z, the Silicon Valley venture capital firm “plans to raise new growth, crypto and bio vehicles in 2025.” And, for what it’s worth, the intended increase is a bit more than what the company has done in similar efforts in the past.
According to Axios, Andreessen Horowitz is set to include “limited partners to invest” in the new fund through a master vehicle. The vehicle will then be put into sub-funds, the report said. As of publication, the firm has not yet issued any official statement to confirm or deny the report.
Andreessen Horowitz remains relevant despite rapidly declining VC funding for crypto
Andreessen Horowitz is, to date, arguably one of the most prolific investors in the blockchain sector. Its contributions to big-name crypto projects like Coinbase and MakerDAO are ample proof of this fact.
However, recently, crypto and blockchain-based companies are seeing a small amount of venture capital inflow. To put the above statement into perspective, August is the fourth consecutive month that venture funds invested in crypto have declined. The same month also recorded the lowest funding since 2021.
Meanwhile, low venture funding could be linked to the prolonged bear market that currently dominates the industry. However, the likes of Andreessen Horowitz are making no excuses as they continue to invest heavily in crypto.
The latest report only establishes the firm’s resolve to foster innovation and facilitate the growth of the crypto industry. What’s more, given the current circumstances, the move further reinforces Andreessen Horowitz’s positive belief in the potential of blockchain technology.
More broadly, the crypto industry’s venture funding may be slowly gaining momentum. And this could be related to the recent momentum seen in the crypto market. As the first Coinspeaker informed of, VC firm Blockchain Capital also recently announced it raised $580 million. According to the firm, the funds will be used to service two new crypto investment funds.
Mayowa is a crypto enthusiast/writer whose conversational character is quite evident in his writing style. He strongly believes in the potential of digital assets and takes every opportunity to reiterate it. He is also a reader, a researcher, an astute speaker and a budding entrepreneur. However, away from crypto, Mayowa’s imaginary distractions include discussing football or world politics.
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