cryptocurrency

Andreessen Horowitz to invest in crypto

The new crypto fund will invest in companies and protocols at all stages, from seed-stage pre-launch projects to fully developed later-stage networks like bitcoin and Ethereum. The firm said it plans to hold investments for over 10 years, which means it cares a lot less about the day-to-day fluctuations in price than about building long-term platforms and infrastructure that it hopes will serve billions of people someday.

http://www.businessinsider.com/andreessen-horowitz-a16z-crypto-fund-2018-6?IR=T

https://www.cnbc.com/2018/06/25/leading-venture-capital-firm-andreessen-horowitz-raises-its-first-dedi.html

https://www.wired.com/story/andreessen-horowitz-lends-credence-to-crypto-with-new-fund/