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a16z renames its flagship blockchain fund to a16z Frontier

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a16z has renamed its flagship blockchain fund a16z Frontier, with longtime GP Ali Yahya departing. The fund has raised nearly $10 billion to date, including $4.5 billion in 2022 and $2.2 billion this year from Fund 5. Chris Dixon remains, and crypto assets and blockchain remain core investment areas, while the fund is expanding its investment scope to a wider range of cutting-edge technologies.

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