Andreessen Horowitz launches $2.2 billion crypto fund and is ‘radically optimistic’ despite price fluctuations

The Silicon Valley venture capital firm just announced a new $2.2 billion cryptocurrency-focused fund.

“We believe that the next wave of computing innovation will be driven by crypto,” Andreessen Horowitz partners Katie Haun and Chris Dixon said.

Andreessen’s first crypto-focused fund was launched three years ago, during the last bear market now known as “crypto winter.”