To me this is better and has more long term positive impact to the entire crypto industry than just Bakkt or any financial institution opening up itself o cryptocurrency. For one, this initiative by Andreessen Horowitz or a16z focuses on the development of the technology which is like improving the product and its usability thereby people will find the benefit of using cryptos. This is also good for adaption as people will be using it for its value and benefits, they may not even notice but they are already into Bitcoin and crypto.
News of this sort will propel Bitcoin and cryptos as established products. Andreessen Horowitz unveiled its Crypto Startup School in an announcement on Oct. 3, saying that it intends to “encourage more tech entrepreneurs to start crypto projects and help crypto-curious builders navigate the idea maze.”
Commenting on the initiative launch, Chris Dixon, a general partner at Andreessen Horowitz, told The Block that the school will be free of charge, adding:
“We are going to run a startup school for crypto-specific startups and what we’ve learned over the last seven years as best practices in this category."
For more of the news:
https://techcrunch.com/2019/10/02/chris-dixon-from-a16z-announces-free-crypto-startup-school-at-techcrunch-disrupt/
https://cointelegraph.com/news/andreessen-horowitz-opens-school-focused-on-crypto-startups