Andreessen Horowitz plans to double down on crypto sector with $4.5B in new funds

A $4.5 billion crypto fund for the firm comes months after it raised a $2.2 billion fund aimed at the sector. It would top a $2.5 billion fund raised in November by San Francisco-based Paradigm, led by former Sequoia Capital partner Matt Huang and Coinbase co-founder Fred Ehrsam.