Andreessen Horowitz’s A16z Crypto Targets $2B New Fund

a16z Crypto, a venture capital fund, is reportedly planning to raise about $2 billion in a 5th fund targeted at blockchain investment, with closure by the end of the second quarter

While talking to Fortune, several undisclosed sources have confirmed the news of the firm eagerly exploring the plan of raising $2 billion.

This latest round is much smaller than its previous $4.5 billion fund from 2022. The funding move came amid a crypto bear market that has wiped out over $2 billion in the last few weeks.

One of the most notable contributions by Andreessen Horowitz’s crypto arm, a16z crypto, is its Crypto Startup School and open-source grants program, which funds early-stage blockchain developers and Web3 builders

The initiative provides capital, mentorship, and technical guidance to accelerate innovation across decentralized finance, infrastructure, and blockchain applications.

Chris Dixon of a16z Crypto said in his most recent X post that blockchain has entered its “financial era,” but pushed back against the claim that his philosophy of “read write own” had failed.

In 2026, a16z crypto continued expanding its blockchain investment strategy. The firm backed several Web3 and infrastructure startups, including projects like Babylon Labs and Seismic Systems, focusing on Bitcoin staking, decentralized finance, and blockchain security

At the same time, a16z crypto reportedly began raising around $2 billion for its fifth dedicated crypto fund, signaling continued institutional confidence in the long-term growth of the crypto ecosystem.

Your web3 identity + services + payments in one single link. Get your pay3.so link today.