a16z Removes ‘Crypto’ From Fund Name, Signals Broader Focus
Edited by Steinar Vigdel Kolnes, Editor, Oslo
The fund’s name change reflects its future investment focus, but a16z will keep investing in crypto, according to Decrypt.
a16z has dropped “crypto” from its fund’s name, a change that Decrypt describes as symbolic of its future investment direction.
The new branding points to a broader focus rather than an exclusively crypto-centered identity.
The firm will continue investing in crypto despite the change. The report does not specify how its future investments will be divided.
Source: Decrypt
