As blockchain investing falls out of vogue, a16z Crypto rebrands as a16z Frontier

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In a sign that crypto and blockchain-focused investing has receded in importance, Andreessen Horowitz announced Thursday that it is renaming its digital asset unit from a16z Crypto to a16z Frontier. The practice, helmed by Chris Dixon, has raised nearly $10 billion across five funds since launching in 2018, backing some of the sector’s biggest wins, including Coinbase. Dixon wrote in a blog post that blockchain technology could “give new networks native economic capabilities. ” Alongside Dixon, a16z Frontier’s general partners include Eddy Lazzarin and Guy Wuollet.

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