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a16z Leads Massive Funding Round Raising PIP Labs Valuation Above $2 Billion

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Summary
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Andreessen Horowitz has led a funding round into PIP Labs .

The move takes the firm’s valuation above $2 billion .

This year , venture capitalist investment in web3 continues to soar.

Bitcoin price stands at $ 59,487 , a slight 0.4% gain in the last 24 hours .