Andreessen Horowitz to drop 'crypto' from flagship blockchain fund name

Andreessen Horowitz is renaming a16z crypto to a16z frontier and broadening its investment strategy beyond crypto. The fund has raised nearly $10 billion across five funds. General partner Ali Yahya is leaving the firm to work on his own startup.

• a16z crypto has raised nearly $10 billion across five funds
• The fund will be renamed a16z frontier and move beyond crypto
• Partner Ali Yahya is leaving to build his own startup
• Yahya was the first full-time member of a16z's crypto team in 2017