a16z partner: 100% committed to the encryption field and has raised nearly $7.5 billion in funding for the field

Ali Yahya, a general partner at a16z, said that the company has raised about $7.5 billion for the cryptocurrency field. He stated that the company still operates an 85-person cryptocurrency team, while a16z's other co-founder, Ben Horowitz, is more focused on cryptocurrency. Regarding the current investment landscape of cryptocurrency and Web3, Ali Yahya said, "For us, we're not shifting business, we're continuing to operate. There is little competition, and we can make the investments we want."