Breakdown Of Infamous Bitcoiner Andreessen Horowitz And His Crypto Investing Network Unveiled

Andreessen Horowitz Crypto Investments Unveiled

Andreessen Horowitz has shown to have a special attraction to companies that end up being the most valuable around the world. A16z invested in firms such as Skype, Facebook, Airbnb, Twitter and Lyft.

In a report made by The Block, the author Steven Zheng, mentions that a16z has recently launched a $300 million venture fund that is fully dedicated to investing in cryptocurrency and blockchain projects in the market.

a16z is increasing the money that places in the cryptocurrency market. After being an early investor in Coinbase and Ripple, the company is now growing its presence in the crypto space.

However, there are more commercial and investing relationships between 16z crypto and other companies that Andreessen Horowitz invested in. For example, the crypto fund invested in Coinbase which at the same time, it invested in companies that a16z has also invested. This is the case of Compound or Celo, for example.

This shows that there is a growing complexity in the investment landscape for this company. The information that was released by The Block shows that Andreessen Horowitz invested in many crypto companies such as Basis, Metastable, Dragonfly Capital, Polychain, Coinbase, Celo, Maker, Dfinity, Compound, dY/dX and Orchid.

Some of these companies invested again in companies that a16z was already investing, as mentioned before with Coinbase. And there are other companies that Andreessen Horowitz is investing indirectly, such as Starkware. Starkware received investments from Metastable, Polychain and Coinbase Ventures.

The research made by The Block aims at providing clarity to the market, allowing companies and individuals to understand how one of the most prominent investment firms is taking decisions in such a volatile market.

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Bitcoin Exchange Guide News Team
B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


Please enter your comment!
Please enter your name here


Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

Fed Researching CBDC & Planning to Deposit ‘Digital Dollars' Directly To the Digital Wallets of Americans

Federal Reserve Bank of Cleveland President Loretta Mester revealed that each American would receive digital dollars directly. She said, "Legislation has proposed that each American...

65% Vote For ‘Zero Compensation' For MakerDAO Vault Owners Who Lost $8M On Black Thursday Crash

MakerDAO votes against compensating vault owners following the Black Thursday crash in March of this year. Over 65% of the votes cast opted...

Gemini Crypto Exchange Opens Up GBP for Buying, Selling, and Trading for UK Customers

Cryptocurrency exchange Gemini is now expanding into the UK. The launch follows obtaining an electronic-money institutions (EMI) license from the Financial Conduct Authority (FCA) after...

Stocks & Gold Getting Hammered But Bitcoin Fundamentals Do Not Support A BTC Crash to $7k

In another red day of the week, Bitcoin dropped to about $10,150 level. Just like the weak price performance, with BTC currently trading around...

People's Bank of China (PBoC) Testing Digital Yuan (DCEP) for Credit Card Payments

China has been aggressively developing its central bank-issued digital currency (CBDC), popularly known as digital yuan. As per the latest reports, the People's Bank...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today