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Leo Schwartz
@leomschwartz
Reporter @theinformation covering tech and politics • Send tips to leo.schwartz@theinformation.com or confidentially on Signal leomschwartz.24
가입 March 2009
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Scoop: a16z's flagship blockchain fund plans to drop "crypto" from its name and rebrand as a16z frontier. a16z crypto was one of the first and largest mainstream blockchain funds, raising a monster $4.5 billion vehicle in 2022, and more recently a $2.2 billion fund earlier this year. Andreessen Horowitz also became one of the most vocal—and deep-pocketed—defenders of crypto in Washington, D.C. Longtime general partner Ali Yahya is also leaving the fund. a16z crypto has already been investing in non-blockchain startups like Kalshi and the AI compute market startup Ornn, and this move to expand beyond crypto echoes recent strategies by other top blockchain firms including Paradigm and Haun Ventures. Still, general partner Chris Dixon has long been a public face for the Web3 movement, and the decision represents a symbolic shift for one of the most prominent crypto venture operations. Full story here:
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