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Frank Chaparro: a16z crypto raises $2.2 billion for new fund and promotes CTO

Frank Chaparro: a16z crypto raises $2.2 billion for new fund and promotes CTO
A16z crypto raises $2.2 billion fund

Frank Chaparro, industry influencer, reports that a16z crypto has raised $2.2 billion for its fifth fund and has elevated its CTO to the role of general partner.

a16z crypto continues to expand its presence in the crypto sector with this fundraising round.

Chaparro recently reported that RWAs are approaching a $30 billion market after a period of strong activity in recent months, according to his previous coverage. In a separate post, he noted that Bitcoin saw nearly $2 billion in ETF inflows alongside a 14% price jump in March citing trader data. These updates follow a16z crypto’s fundraising news.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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