What is Andreessen's $2.2 billion crypto fund?

The $2.2 billion crypto fund would expand the firm’s investment top to bottom. Early in the year, Andreessen’s crypto portfolio included projects from major blockchains to smaller, niche entities. Infrastructure projects like Bitcoin, Ethereum, and chia held a significant portion of the fund.

Will Andreessen Horowitz's crypto fund increase the firm's portfolio?

Andreessen Horowitz’s crypto fund would drastically increase the firm’s crypto portfolio. On June 24, Andreessen Horowitz announced that it was finalizing a $2.2 billion crypto venture fund, which is its third crypto fund.

Is the crypto market dying down?

While the cryptocurrency market’s most recent hype wave seems to be dying down after a spectacular rise, Andreessen Horowitz’s crypto arm is reaffirming its commitment to startups building blockchain projects with a hulking new $2.2 billion crypto fund. It’s the firm’s largest vertical-specific fund ever — by quite a bit.

Who are the top cryptocurrencies defenders in the United States?

They include Tomicah Tillemann, a former aide to Mr. Biden when he was a senator; Katie Haun, a onetime Justice Department cryptocurrency prosecutor; and Brian D. Quintenz, who joined the effort just days after leaving the Commodity Futures Trading Commission, a crypto regulator.