a16z will remove Crypto from the name of its flagship blockchain fund and shift toward other investment areas.

PANews October 22 news, according to The Information, venture capital firm Andreessen Horowitz (a16z) plans to remove "Crypto" from the name of its flagship blockchain fund and shift its investment focus to other areas. In addition, the fund's first founding member will also depart.

PANews October 22 news, according to The Information, venture capital firm Andreessen Horowitz (a16z) plans to remove "Crypto" from the name of its flagship blockchain fund and shift its investment focus to other areas. In addition, Ali Yahya, who became the first full-time member of a16z's crypto team in 2017 and was promoted to general partner in 2021, is preparing to leave and start his own company.