Andreessen Horowitz Looking to Raise $1 Billion For a Crypto VC Fund

Andreessen Horowitz, one of the largest venture capital firms is looking to raise $1 billion for a crypto VC find that would invest in different cryptocurrencies and growing crypto startups and issue shares for institutional investors to gain exposure to largely popular crypto assets. The decision comes on the heel of its successful crypto investment in the form of Coinbase, the $85 billion cryptocurrency exchange that made its debut a couple of weeks back on Nasdaq.