New Hedge Fund to Focus Specifically on Cryptocurrencies, Creates Opportunity for Enhanced Stability

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Mark Mason

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New Hedge Fund to Focus Specifically on Cryptocurrencies, Creates Opportunity for Enhanced Stability

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Andreessen Horowitz, a top venture capital firm, is “investing aggressively” in cryptocurrencies and has already raised $300 million USD for the fund.

The firm plans to invest in early stage cryptocurrencies and tokens along with later stage networks like Bitcoin and Ethereum and plan to hold the investments for up to 10 years. Chris Dixon, a general partner at the firm, mentioned how they have “experienced ups and downs in the cryptocurrency market, and expect there will be many more”, but they still recognize the “potential in the technology, and some of the downturns can be the best investments.”

Read more: https://www.dashforcenews.com/new-h...s-creates-opportunity-for-enhanced-stability/
 
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