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Andreessen Horowitz Eyes Fifth Crypto Fund as Peers Shift Focus: Report
A16z Crypto, the blockchain investment arm of venture capital firm Andreessen Horowitz, is raising its fifth dedicated crypto fund, targeting approximately $2 billion, and plans to close by the end of the first half of 2026, Fortune reported Wednesday, citing multiple anonymous sources. The fundraise marks a significant reduction in scale from the firm’s previous $4.5 billion vehicle, raised in 2022, from which a16z continues to deploy capital. However, the firm has shifted to a shorter fundraising cycle to retain flexibility as it navigates rapidly shifting crypto market narratives, according to the sources. The ... (full story)
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