- a16z said it will drop Crypto from the name of its flagship cryptocurrency fund, a16z Crypto, and rename it a16z Frontier.
- The firm said the move is intended to expand the fund’s investment scope beyond cryptocurrencies into a range of advanced technologies.
- a16z Crypto said it has raised $10 billion through five funds to date.
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Andreessen Horowitz, the global venture capital firm known as a16z, is moving to drop “Crypto” from the name of its flagship digital-asset fund.
The Information, a U.S. technology news outlet, reported on October 22 that a16z recently decided to rename “a16z Crypto” as “a16z Frontier.” The move…
