Andreessen Horowitz

Nigerian Crypto Startup Yellow Card Raises $1.5 Million For Expansion in Africa

Yellow Card has raised $1.5 million in a seed round. The Nigerian crypto startup said it will use the money to expand its operations in Africa while making it easier for people on the continent to buy and sell digital assets. Investors in the new round include Polychain, venture capital firm Andreessen Horowitz, and Celo, …

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Market Outlook: Golden Cross Invalidated, Andreessen Horowitz Predicts ‘Fourth Crypto Cycle’

The price of bitcoin and a number of other popular cryptocurrencies have been collectively holding a market valuation of around $255 billion. The fiat value of these cryptocurrencies has slipped downwards during the last four days. Despite the weekly losses of around 3-6%, many digital currency proponents are still very optimistic. Mainly because of how …

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Industry at a Crossroads, Crypto Enters Fourth Phase of Development

The crypto space is well over a decade old with more than 5,500 different cryptocurrencies and a market capitalization north of $250 billion. Researchers at American venture capital firm Andreessen Horowitz say the 11-year old industry is in its fourth supercycle with the three previous epochs culminating in distinct developments that have gone on to …

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Andreessen Horowitz Forecasts Fourth Crypto Bull Cycle

Less than a month after launching a new $515 million crypto fund, Andreessen Horowitz (a16z) is predicting that “high-quality projects” may drive a new growth cycle in the industry. The famous venture capital fund, which has a substantial crypto portfolio, said in a post Friday it anticipated some of the better projects created in the …

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While the Global Economy Shudders, Andreessen Horowitz ‘Excited’ to Invest $500M Into the Crypto Industry

The private venture capital firm Andreessen Horowitz (a16z) has announced the company is investing $515 million into the cryptocurrency industry. The firm says its “excited” to bolster crypto networks and businesses. Further, the company hopes to strengthen ideas like next-generation payments, a modern store of value, decentralized finance, content monetization, and Web 3.0 concepts. Andreessen …

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Andreessen Horowitz Doubles Down on Crypto Investments With New $515M Fund

Andreessen Horowitz’s (a16z) second crypto fund shows the venture capital firm is targeting specific areas to invest in the cryptocurrency space. The company said Thursday it had raised a total of $515 million – more than the original $450 million target – for a second fund called “Crypto Fund II,” dedicated to cryptocurrency and blockchain …

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