Today news
About the same in other media
08.06 - 17:11
Andreessen Horowitz raises $4.5 billion for fourth crypto fund
Reading now: 373
moneycontrol.comVenture capital giant Andreessen Horowitz said on Wednesday it has raised $4.5 billion for its fourth cryptocurrency fund, bringing its total funds raised for digital currency investments so far to more than $7.6 billion.
About $1.3 billion from the fund will be used to invest in seed rounds of startups and $3 billion for venture investments, the company said in a blog post.
The latest funding comes on the heels of sharp fall in the value of cryptocurrencies in recent weeks, with bitcoin losing over a third of its value in just two months.
Download your money calendar for 2022-23 here and keep your dates with your moneybox, investments, taxes
Read more on moneycontrol.comAbout this in other media
Netscape creator says Web3 really is like the rise of the early internet cointelegraph.com /2 years ago
Terra collapse: Regulators eye stablecoin safeguards and capital rules for banks’ crypto holdings euronews.com /2 years ago
Basel Committee presses on with restrictive requirements for banks’ crypto holdings cointelegraph.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
