Venture Capital firm Andreessen Horowitz is launching a new, $2.2 billion fund to invest in cryptocurrency, stating that they are “radically optimistic about crypto’s potential.”

The firm, founded by Marc Andreessen and Ben Horowitz, is known for being an early investor in companies such as Facebook and Instagram. It now plans on investing in cryptocurrency, which it sees as the future of finance and a highly influential technology.”We believe that the next wave of computing innovation will be driven by crypto,” firm partners Katie Haun, Ali Yahoo, and Chris Dixon wrote in a blog post.

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