The US-based Venture Capital (VC) company, Andreessen Horowitz (A16Z), has planned on fundraising amounting to USD 4.5 Billion for investing in new cryptocurrencies. The firm told investors in the previous week that to venture into the latest cryptocurrency idea, a sum of around USD 3.5 Billion is required to carry it forward.
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The NFT platform, Autograph, co-founded by the famous American Tom Brady, has recently raised funds from various investors. The Venture Capital (VC) firms: Kleiner Perkins Caufield & Byers and Andreessen Horowitz led the Series B fundraising round, which amounted to USD 170 Million
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