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Andreessen Horowitz renames a16z Crypto as a16z Frontier
TechCrunch reports Andreessen Horowitz renamed its Chris Dixon-led digital asset unit a16z Frontier on Thursday, expanding beyond crypto while keeping blockchain investing.
- New headline Was: “As blockchain investing falls out of vogue, a16z Crypto rebrands as a16z Frontier”
- Our desk filed its story
Andreessen Horowitz said Thursday it is renaming its digital asset practice from a16z Crypto to a16z Frontier, TechCrunch reported1.
Chris Dixon leads the unit, which has raised nearly $10 billion across five funds since 2018 and backed companies including Coinbase, according to TechCrunch1.
Under the new name, the team is widening its mandate to emerging technologies including AI, robotics, and what TechCrunch described as new kinds of networks connecting humans and machines1.
TechCrunch said the group is not leaving crypto; Dixon wrote in a blog post that blockchain technology could “give new networks native economic capabilities”1.
Alongside Dixon, a16z Frontier’s general partners include Eddy Lazzarin and Guy Wuollet, TechCrunch reported1.
Ali Yahya, who TechCrunch said joined the crypto strategy as its first investor in 2017, has left the firm, according to TechCrunch citing The Information1.
