Cryptocurrency news by Protos

The crypto bets of a16z crumble, early investors still profit


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By Q1 this year, venture capital firm Andreessen Horowitz’s (a16z) flagship crypto fund had returned almost five times for early backers, according to documents reviewed by Semafor. The firm sold a portion of its tokens right before crypto’s bear market began in May, meaning that early investors are guaranteed a successful return.

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Cryptocurrency news by ProtosBy Protos