Andreessen Horowitz to launch a $450M crypto-dedicated fund

Silicon Valley investment powerhouse Andreessen Horowitz is reportedly raising a $450 million crypto-focused fund.
In 2018, the firm’s first crypto-focused fund attracted $350 million in capital commitments.

Rajarshi Mitra Independent Analyst

According to a Financial Times report, venture capital firm Andreessen Horowitz (a16z) is all set to raise $450 million for a second crypto-focused fund. The firm "could finalize the new fund in about a week but has not yet placed a hard cap on its size,” the report added.

In 2018, the firm’s first crypto-focused fund attracted $350 million in capital commitments. a16z also runs a crypto school for aspiring entrepreneurs. Being one of the industry’s most prominent investment backers, a16z has invested in several companies, including Coinbase, Libra and Polychain, among others. It has also invested in significant projects that form the Open Finance (DeFi) ecosystems like Maker, Compound and dYdX.

Given the current pandemic conditions, the $450 million fund is a risky bet. According to a u.today report, 80% of crypto and blockchain startups are on the verge of bankruptcy in Zug's “Crypto Valley.”

Author

Rajarshi Mitra

Independent Analyst

Rajarshi entered the blockchain space in 2016. He is a blockchain researcher who has worked for Blockgeeks and has done research work for several ICOs. He gets regularly invited to give talks on the blockchain technology and cryptocurrencies.

Solana Price Forecast: Mixed market sentiment caps recovery

Solana (SOL) is trading at $79 as of Friday, following a correction of over 9% so far this week. On-chain and derivatives data indicates mixed sentiment among traders, further limiting the chances of a price recovery.

DeFi platforms Ethena and Polygon eye recovery after sustained downturn

Ethena (ENA) is trading around $0.116 on Friday, posting a 6% rise earlier before tapering some of those gains over the past 24 hours. The move comes as ENA investors are down by an average of about 70%. The huge unrealized losses could indicate that current price levels represent a bottom or less downside risk, per Santiment data.

Aave Labs proposes framework to push all revenue to DAO

Aave Labs (AAVE) has introduced a new proposal, the Aave Will Win Framework, designed to better align incentives across its ecosystem. The proposal suggests channeling all revenue generated from Aave-branded products directly into the treasury managed by the Aave DAO.

Pi Network Price Forecast: PI bulls resurface at a crucial support level

Pi Network (PI) is up almost 1% at press time on Friday, extending the 2% gains from the previous day. Renewed buying pressure, evidenced by increased withdrawals from exchanges supporting the PI token, and reduced outflows from the Pi Foundation, adds tailwinds.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: The worst may be behind us

Bitcoin (BTC) price recovers slightly, trading at $65,000 at the time of writing on Friday, after reaching a low of $60,000 during the early Asian trading session. The Crypto King remained under pressure so far this week, posting three consecutive weeks of losses exceeding 30%.