What is Andreessen's crypto portfolio?

Early in the year, Andreessen’s crypto portfolio included projects from major blockchains to smaller, niche entities. Infrastructure projects like Bitcoin, Ethereum, and chia held a significant portion of the fund. However, the allocation was spread far and wide from exchanges and DeFi to security and NFTs.

Is Andreessen Horowitz's largest crypto fund ever?

It’s the firm’s largest vertical-specific fund ever — by quite a bit. Andreessen Horowitz’s 2018 crypto fund ushered in $300 million of LP commitments and its second fund, which it closed in April of last year, clocked in at $515 million.

Is the crypto market dying down?

While the cryptocurrency market’s most recent hype wave seems to be dying down after a spectacular rise, Andreessen Horowitz’s crypto arm is reaffirming its commitment to startups building blockchain projects with a hulking new $2.2 billion crypto fund. It’s the firm’s largest vertical-specific fund ever — by quite a bit.

Is crypto the next major computing cycle?

The Silicon Valley firm announced a new $4.5 billion fund for backing crypto and blockchain companies on Wednesday. Partners Arianna Simpson and Chris Dixon liken the long-term opportunity in crypto to "the next major computing cycle," after PCs in the 1980s, the internet in the 1990s and mobile computing in the early 2000s.