a16z crypto rebrands as a16z Frontier, 5 months after crypto-only pledge

Image: Cryptopolitan
Andreessen Horowitz’s crypto (a16z crypto) arm has told limited partners it will rename itself a16z Frontier and invest beyond crypto. The move comes five months after the firm called its $2.2 billion fifth fund “100% dedicated to investing in crypto entrepreneurs.” Will a16z invest in AI? When a16z crypto closed Fund 5 in May, a spokesperson for the company clarified that the $2.2 billion fund is “100% dedicated to investing in crypto entrepreneurs.” The company’s communications partner Paul Cafiero also said the money was “100% dedicated to investing in crypto entrepreneurs across all stages.” Now, Andreessen Horowitz crypto arm has announced that it will be changing its name to a16z Frontier to accommodate a broader market.
Read the full story on CryptopolitanBeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Cryptopolitan.







