Andreessen Horowitz (A16Z) is one of silicon Valley's best-known VCS. Since 2009, the company has invested in Facebook, Twitter, Airbnb, Lyft, Pinterest, Slack and other Internet giants and successfully went public and exited. In 2018, we established a dedicated blockchain investment fund, which has become a well-known investment institution in the field of blockchain technology and cryptocurrency. The company was previously one of Libra's 17 board members. A16Z focuses on five aspects of the crypto space: next-generation payments, modern store of value, DeFi, new business models, and Web3. A16z is probably the first investment institution to enter the crypto world. Back in 2013, when bitcoin was mostly considered a Ponzi scheme and a tulip bubble, A16Z led a $25 million Series B round in Coinbase. By The time Coinbase went public in April, A16Z had become its second-largest shareholder with a 14.8% stake, making it the biggest outside winner. It has also invested in Uniswap, MakerDAO, Compound, Dapper Labs, Arweave, Optimism, Solana, and more, almost all of which have become head blockchain projects. Today, a16Z has over $3 billion in crypto funds. It seems to be the capital beacon of the crypto world, with high attention and strong appeal.