The post a16z Crypto Raises $2B in Fifth Fund Despite Downturn appeared first on Coinpedia Fintech News
Andreessen Horowitz’s crypto‑focused venture arm, a16z Crypto, is raising its fifth fund with a target of about $2 billion, planning to close in the first half of 2026 amid a broader crypto downturn. The new fund is less than half the size of its previous $4.5 billion vehicle, reflecting a cautious shift as venture investors face tighter market conditions and faster-changing trends. Despite the pullback in overall crypto valuations and investment activity, a16z’s continued fundraising signals confidence in blockchain’s long‑term potential, even as some peers explore opportunities in areas like AI.