💰 Andreessen Horowitz launches "a16z crypto"

a16z crypto is a new $300 million long-term venture fund focused on crypto companies and protocols with non-speculative use cases. The fund is structured to be able to hold investments for 10+ years, provide operational support to entrepreneurs, and be flexible with respect to stage, asset type, and geography. a16z's Chris Dixon and Katie Haun will be leading the team of 6 others in managing the fund.

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