Venture capital firm Andreessen Horowitz (a16z) plans to remove the word 'Crypto' from the name of its flagship blockchain fund and expand investment focus beyond cryptocurrencies. Besides, a founding member of the fund will depart. It remains unclear whether this adjustment will affect its existing crypto investment business. a16z Crypto is one of the largest venture capital institutions in the crypto industry. In May this year, it closed its fifth crypto fund with $2.2 billion raised, nearly half the size of its fourth fund of $4.5 billion in 2022. Its five crypto funds have raised a total of around $9.8 billion.