Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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a16z partner: The company is still operating a cryptocurrency team and will be 100% dedicated to the encryption field
2023-11-21 02:18:43
Odaily News a16z general partner Ali Yahya said in an interview that it has raised approximately US$7.5 billion in funds for the cryptocurrency field. The company is still operating a cryptocurrency team of 85 people and will be 100% dedicated to the encryption field. He also said that although the current pace of capital deployment is not as fast as in 2021, investment is still continuing. Some of the best investments can come from bear markets, especially when investing in companies that are just starting out. (CoinDesk)