Financial Times reported on Friday.
The new fund is aiming to boost between $800 million and $1 billion from traders, the report stated, citing folks aware of the matter. Andreessen Horowitz didn’t instantly reply to a Reuters request for remark.
Liking this story?
Get one mail masking prime tech information of the day in underneath 5 minutes!
Thank you for subscribing to Tech Top 5
We’ll quickly meet in your inbox.
The information of the event comes as cryptocurrencies surge in worth this 12 months, with a clutch of top-tier corporations together with Tesla diving into the area.
#Andreessen #Horowitz #plans #billion #cryptocurrency #fund #Report