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Andreessen Horowitz Makes Major Crypto Play with New Fund Launch

Andreessen Horowitz is planning a $2.2 billion “cryptocurrency-focused” fund, according to a recent announcement. So reports CNBC.

crypto 3569795 640smallThe fund will be a vehicle to deploy capital across digital asset and blockchain start-ups. Andreessen Horowitz was an early backer into the Facebook-led libra digital currency project (now called diem) and is extremely bullish on crypto over the long term.

Read the full article from CNBC.

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