A16z, an VC company that made investments in Polychain Capital, Protocol Labs, and Opensea is planning to raise $4.5B for its latest fund. This new fund is exclusively focused on cryptos. AccordingA report from the U.K paper Financial Times

Last week, Andreessen Horowitz’ venture capital firm reportedly said it would raise $3.5 billion for its VC fund, as well as another $1 billion for Web3 seed investments, with the plans to be announced in March. It is poised to surpass theThe total raised was $2.2 BillionIt was June 2021.