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Sources: a16z is targeting $2B for its third crypto fund; a16z raised $515M for its second crypto-focused fund in 2020 (Eric Newcomer/Newcomer)

Eric Newcomer / Newcomer:
Sources: a16z is targeting $2B for its third crypto fund; a16z raised $515M for its second crypto-focused fund in 2020  —  Andreessen Horowitz’s third crypto fund is in talks to raise $2 billion.  —  Andreessen Horowitz is in the process of tripling down on crypto, raising its third crypto fund since 2018.

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