A16z crypto plans $2 billion fund to back next wave of blockchain startups: Fortune
CoinDesk
Andreessen Horowitz's crypto arm is reportedly seeking $2 billion for its fifth fund, aiming to close it in early 2026.Summary
Andreessen Horowitz's crypto division, a16z crypto, is reportedly aiming to raise $2 billion for its fifth venture fund, with plans to close the fundraising process in the first half of 2026, according to Fortune. This target is notably smaller than its fourth fund, which raised $4.5 billion in 2023, suggesting a more cautious deployment strategy amid a cooling digital asset investment environment. Led by Chris Dixon, a16z crypto has been a major investor in the sector, backing projects like Uniswap and Anchorage Digital. Dixon recently expressed optimism about crypto entering its "financial era," where blockchain applications form the basis for decentralized internet services.
(Source：CoinDesk)