One River Digital Asset Management already holds $600 million in bitcoin and ether.
The U.S. Securities and Exchange Commission moved Friday to halt an allegedly fraudulent digital asset investment fund run by two Pennsylvania brothers.
Sources told the Financial Times that Andreessen Horowitz (a16z) is raising another crypto fund, reportedly targeted at $450 million.
Silicon Valley investment powerhouse Andreessen Horowitz (a16z) has launched a new $300 million fund focused on cryptocurrencies.