Andreessen Horowitz’s crypto arm is reportedly seeking $2 billion for its fifth venture fund, aiming to close the fundraising process in the first half of 2026. The move signals continued investment in blockchain startups, even as the digital asset sector navigates a slower investment environment.
Led by general partner Chris Dixon, a16z crypto has been a significant investor in the digital asset sector, backing projects like Uniswap and Anchorage Digital. This reported target is lower than their previous $4.5 billion fund raised in 2023, suggesting a potentially more cautious deployment of venture capital.
Dixon has previously described the current phase of crypto as its "financial era," where blockchain-based financial applications could form the basis for broader decentralized internet services.