Andreessen Horowitz is expanding its crypto team’s investment remit by renaming a16z Crypto a16z Frontier. The fund will be able to invest across a broader range of emerging technologies while continuing to pursue crypto investments. Andreessen Horowitz argues that business models and commercial demand matter more than sector labels, particularly for projects combining artificial intelligence and blockchain. The broadened mandate could cover payment companies, data marketplaces, and products that combine several technologies, with their utility depending on blockchain functions that customers genuinely use.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
