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Can Andreessen Horowitz prevent the next crypto winter?


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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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 …

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