Crypto and fintech-focused VC firm that raised $1B across new funds.
“'We're not pivoting to be an AI fund... we want to do AI that is in our lane' — meaning the agentic economy, specifically AI agents that need to transact, pay, and access credit natively.”
“Crypto's $3.92B is 92% three checks (a16z crypto, Haun, Framework) which is concentration inside the concentration. Crypto's Q2 'recovery' is a story about 3 franchises re-upping, not broad LP re-entry into the sector.”
“Crypto's $3.92B is 92% three checks (a16z crypto, Haun, Framework)”
AI-extracted from podcast / newsletter / paper summaries. May contain errors.