A16z Crypto Raises $2 Billion Fund Amid Market Downturn
A16z Crypto is raising a new $2 billion fund despite the ongoing crypto market downturn, planning to close it by mid-2026.Summary
Andreessen Horowitz's blockchain arm, A16z Crypto, is reportedly raising a fifth crypto-focused fund targeting $2 billion, aiming to close by mid-2026. This new fund is significantly smaller than its previous $4.5 billion fund from 2022, reflecting a shift to a shorter fundraising cycle for greater flexibility amid changing crypto narratives. This move occurs while the broader crypto market is experiencing a significant downturn, having lost over $2 trillion since its peak. Despite some investments not panning out, A16z continues to see opportunity, recently highlighting both AI and crypto as major themes for 2026. Meanwhile, other venture firms like Multicoin Capital and Paradigm are reportedly exploring or expanding into other technologies such as AI and robotics, although A16z also raised $15 billion in January for technologies critical to America’s future, including AI and crypto.
(Source：Cointelegraph)