Early Facebook investor Andreessen Horowitz is bringing engineers from Facebook to join the global crypto fund team, Crypto a16z.

by the fund Crypto a16z announced via official Twitter that Andreessen Horowitz of Crypto Fund a16z has announced that two engineers Riyaz Faizullabhoy and Nassim Eddequiouaq from Novi Wallet Facebook have joined the team.

Riyaz Faizullabhoy and Nassim Eddequiouaq, before they joined a16z Crypto, are both excellent engineering and security leaders with long history in blockchain. Two years ago, the two switched from their roles at crypto company Anchorage to officially start working with Facebook, with Nassim and Riyaz teaming up to build a crypto custody and storage infrastructure for Novi Wallet (fka. Calibra) at Facebook and are currently both named Chief Technology Officer and Chief Information Security Officer for Andreessen Horowitz respectively.

Andreessen Horowitz is a well-known US venture capital firm. Venture capital in Facebook, Skype, Twitter, the VC firm that has made many successful silicon tech startups around the world. It has also invested in the world of Crypto and Defi such as Dapper Labs, Celo, Uniswap ,Near and dYdX, as well as the OpenSea platform through the a16z Crypto fund.

Andreessen Horowitz’s third fund a16z Crypto raised $2.2 billion last summer, having previously invested in decentralized exchange Uniswap and lending platform Compound. And last week, Andreessen led a $152 million Series B funding round for the popular Ethereum NFT game Axie Infinity.

According to Anthony Albanese, COO of a16z Crypto, Faizullabhoy and Eddequiouaq will be responsible for helping companies. within the company’s investment portfolio

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