Andreessen Horowitz has announced a new $4.5 billion fund that will invest in cryptocurrency and Web 3 companies, according to an official statement.
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The fund is the firm’s fourth to target digital assets, with over $7.6 billion being raised in total.
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Of the $4.5 billion, $1.5 billion will going towards seed investments and the rest being set aside for venture investments.
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“We think we are now entering the golden era of web3,” the company said.
See also: Andreessen Horowitz Rakes In $2.2B for Third Crypto Venture Fund
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