a16z Launches $4.5 Billion Crypto Fund 4

a16z has announced its fourth crypto fund, totaling $4.5B. Of that, approximately $1.5B will be dedicated to seed investments, and $3B to venture investments. This brings our total crypto/web3 funds raised to over $7.6B. a16z will use these funds to invest in promising web3 startups at every stage. We are excited about developments in web3 games, DeFi, decentralized social media, self-sovereign identity, layer 1 and layer 2 infrastructure, bridges, DAOs & governance, NFT communities, privacy, creator monetization, regenerative finance, new applications of ZK proofs, decentralized content & story creation, and many other areas. In addition, a16z will keep growing its operating team in order to continue providing the best serve to its founders, with operations functions including research and engineering, security, talent management, legal and regulatory, and market expansion.