Hey everyone, and welcome back to Chain Reaction.
Last week, we talked about the rough road ahead for Coinbase. This week, we’re talking a bit about Andreessen Horowitz’s multibillion-dollar bet on web3’s continued viability. Read on to check out the latest episode of the Chain Reaction podcast as well.
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$4,500,000,000
May hasn’t been the kindest month to crypto. Consecutive weeks of drops have left whispers of the “buy the dip” going cold as industry players buckle down for winter.
A brief moment of warmth came this week, when Andreessen Horowitz (a16z) announced that it has raised $4.5 billion for its fourth crypto fund, more than doubling the size of its last fund. It’s the largest institutional crypto firm to date and comes at an interesting time…
Wh …
