Andreessen Horowitz just closed its second crypto fund

Two years ago, the venture firm Andreessen Horowitz(a16z) took the wraps off a dedicated crypto fund from a subset of its limited partners, who’d provided the firm with $300 million in capital commitments. Now, the firm says it has closed a second fund in the same vein, this time with $515 million in capital commitments.
As general partner Chris Dixon— who leads the fund with general partner Katie Haun — tells Fortune: “It’s very rare that major, new computing parad