- Global cryptocurrency venture capital (VC) firms saw their assets under management (AUM) plunge last year.
- a16z crypto’s assets under management totaled $9.5 billion, down nearly 40%% from a year earlier.
- Major crypto VC firms including Multicoin Capital also saw assets under management drop by more than 50%%, highlighting the impact of the bear market.
Forecast Trend Report by Period
Assets under management at global cryptocurrency venture capital firms such as Paradigm and a16z crypto fell sharply last year.
Fortune reported on June 15 that the combined assets under management of four funds run by a16z crypto…
