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[The investment of a16z's cryptocurrency fund has started to yield returns on paper, outperforming other funds] Odaily Planet Daily reports that Andreessen Horowitz (a16z) raised a record-breaking $4.5 billion cryptocurrency fund in May 2022, but it seemed to have completely missed the market timing. At the time, Bitcoin's price had dropped 55% from its peak, and Coinbase's stock price had fallen by about 80%. Both companies remained in a prolonged slump for over a year. However, now this cryptocurrency investment firm has at least started to see returns on paper, and by certain metrics, the performance of this crypto fund has already surpassed other funds raised during the investment boom of the pandemic period from 2020 to 2022. (The Information)

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今天 2025-09-09
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