a16z renames crypto fund a16z Frontier, expands into AI and biology

Andreessen Horowitz is renaming its crypto fund to a16z Frontier and broadening its focus to AI, autonomous machines and biology, saying the boundary between crypto and everyday tech has blurred. The move signals a strategic shift rather than a retreat, but it reduces the fund's explicit crypto branding. Traders may read it as a sign that a major venture backer sees crypto converging with broader tech, which is neither clearly bullish nor bearish for prices.