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Andreessen Horowitz just closed its second crypto fund

Two years ago, a16z launched its first dedicated  $300m crypto fund. It has raised a second $515m in the same vein.

As general partner Chris Dixon — who leads the fund with general partner Katie Haun — tells Fortune: “It’s very rare that major, new computing paradigms come along, and we think this is on the scale of cloud and mobile for the Internet.”

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crypto, vc