Investor Arianna Simpson to join a16z’s crypto team
Cryptocurrency investor Arianna Simpson is becoming a member of Andreessen Horowitz as a deal accomplice.
The founder and managing director of crypto hedge fund Autonomous Partners introduced the information Friday on Twitter. She stated she has “admired the brand and platform that a16z has built from afar.”
1/ I’ve some information! I’m thrilled to announce I’ll be becoming a member of the @a16z crypto team as a deal accomplice as of March.
— Arianna Simpson (@AriannaSimpson) January 31, 2020
“When the opportunity arose to join forces, particularly given we’d already invested in many of the same founders, it made perfect sense,” Simpson said.
The crypto investor based Autonomous Partners in 2018, elevating an eight-digital determine from Coinbase CEO Brian Armstrong, Union Square Ventures, Craft Ventures, and Cohen Private Ventures.
Simpson stated she is going to proceed to oversee the hedge fund and handle the portfolio in her new function at Andreessen Horowitz.
Andreessen Horowitz is without doubt one of the few publicly-known enterprise capital giants which are closely concerned in cryptocurrency. The enterprise agency has a $350 million crypto fund to spend money on the area, counting Anchorage, Coinbase, MakerDAO and Compound amongst its portfolio firms.