Next Wave of Computing Innovation will be Driven by Crypto

 Andreessen Says it will all be about Crypto

Andreessen Horowitz  A16z

Crypto Fund III  by Chris Dixon, Katie Haun, and Ali Yahya

cryptocurrencies & blockchains  a16z crypto  announcements

We believe that the next wave of computing innovation will be driven by crypto. We are radically optimistic about crypto’s potential to restore trust and enable new kinds of governance where communities collectively make important decisions about how networks evolve, what behaviors are permitted, and how economic benefits are distributed. That’s why today we’re pleased to announce a new $2.2 billion fund to continue investing in crypto networks and the founders and teams building in this space. This represents the beginning of an exciting new chapter for the a16z crypto team.

This fund allows us to find the next generation of visionary crypto founders, and invest in the most exciting areas of crypto. We invest in all stages, from early seed-stage projects to fully developed later-stage networks.

Expanding our team to provide unrivaled regulatory and operational capabilities alongside our crypto-native data science and research services.

When we started a16z crypto, our ambition was to bring together a highly specialized and crypto-native team that had never existed in venture capital to support the companies and projects we invest in, help them navigate the complexities of this space, and help projects design crypto protocols and mechanisms. We’ll continue to deepen our focus on the kind of behaviors our entrepreneurs expect from a crypto investor including staking, delegating, running nodes, actively participating in governance and designing mechanisms. We’re expanding our data science and research teams to support this effort. 

As with any new computing movement, crypto has endured a variety of challenges and misconceptions. That’s why we are also bringing together heavy-hitters across several functions to help translate crypto to the mainstream. Our team now includes experts in marketing, public relations, policy, regulatory affairs, recruiting, as well as general startup management. We are promoting Anthony Albanese, who joined us last year from the New York Stock Exchange, to Chief Operating Officer to lead operations.  ....... '