A16z Broadens Investment Focus Beyond Crypto to AI and Emerging Tech
Edited by Steinar Vigdel Kolnes, Editor, Oslo
A16z is expanding its focus to artificial intelligence and emerging technologies, joining other crypto investors exploring opportunities beyond blockchain.
Venture capital firm A16z said it is widening its investment focus beyond cryptocurrency to include artificial intelligence and other emerging technologies, according to CoinDesk.
The firm backed Coinbase, Solana and Uniswap early on, giving it ties to several prominent companies and projects in the crypto sector.
The broader focus places A16z alongside other crypto investment firms looking outside blockchain. The reported expansion does not, by itself, signal a withdrawal from crypto investing.
Source: CoinDesk
