a16z Crypto

Quick read

a16z Crypto is the dedicated crypto venture arm of Andreessen Horowitz, founded in 2013 and headquartered in San Francisco. It's the largest crypto-focused VC by cumulative capital, having raised $9.8 billion across five funds. Fund 5 closed at $2.2 billion in May 2026, explicitly committed 100% to crypto — no AI pivot.

Key facts

Founded

2013

Founders

Chris Dixon

Employees

50-200

Sectors

crypto

Website

a16zcrypto.com

Investment thesis

a16z Crypto backs entrepreneurs building open, decentralized internet infrastructure — from stablecoins and onchain finance to DeFi protocols and real-world blockchain adoption — across all stages, with capital dedicated exclusively to crypto.

Recent activity

• Jun 2026press
  a16z Crypto posted publicly on the value capture problem facing crypto builders, arguing that companies capture value while networks distribute it — framing this as a call for clearer rules around how crypto projects monetize. coinfomania.com
• May 2026fundraise
  a16z Crypto closed Crypto Fund V at $2.2 billion, its fifth dedicated crypto fund. Total capital raised across all five funds now stands at $9.8 billion. The fund is smaller than its 2022 predecessor ($4.5 billion) by design — the firm said shorter fundraising cycles let it keep pace with market shifts. It will invest exclusively in crypto entrepreneurs across all stages. fortune.com
• May 2026leadership
  Eddy Lazzarin, a16z Crypto's CTO, was promoted to general partner alongside the Fund V announcement. The fund's leadership team is Chris Dixon (managing partner), Ali Yahya, Guy Wuollet, and Lazzarin. forbes.com
• May 2026product
  Fund V's stated investment focus areas are stablecoins, tokenization, perpetual futures, prediction markets, and AI agents — a deliberate shift toward financial infrastructure over speculative assets. techcrunch.com
• Mar 2026fundraise
  Fortune reported that a16z Crypto was targeting $2 billion for its fifth fund, with a planned close in the first half of 2026. The firm ultimately raised $2.2 billion. coindesk.com
• Jan 2026press
  a16z Crypto published a 17-point outlook for 2026, covering stablecoins surpassing Visa in settlement volume, privacy as a competitive differentiator for blockchains, Know Your Agent (KYA) cryptographic identity frameworks for AI agents, zkVM provers hitting ~10,000x overhead and running on phones, and prediction markets scaling with AI-assisted resolution. a16z.com
• Jan 2026press
  a16z Crypto separately published three macro predictions for 2026: zk-SNARKs moving to mobile-scale compute, AI powering prediction market oracles, and the rise of staked media as an alternative trust model for content. theblock.co
• May 2026fundraise
  a16z crypto closed its fifth dedicated crypto fund at $2.2 billion. The fund is led by managing partner Chris Dixon and general partners Ali Yahya, Guy Wuollet, and Eddy Lazzarin — the latter promoted from CTO to general partner alongside the announcement. Focus areas named: stablecoins, tokenization, perpetual futures, prediction markets, and AI agents. The fund is roughly half the size of the firm's $4.5 billion fourth fund raised in 2022. forbes.com
• May 2026leadership
  Eddy Lazzarin, previously a16z crypto's CTO, was promoted to general partner concurrent with the Fund 5 close. forbes.com
• Mar 2026fundraise
  Fortune reported a16z crypto was targeting $2 billion for its fifth fund, with a planned close in the first half of 2026. The fund ultimately closed above target at $2.2 billion. coindesk.com
• Jan 2026press
  a16z crypto partners published their 2026 predictions, arguing privacy will become the strongest competitive advantage for blockchains and that stablecoin transaction volume will surpass Visa. cryptopotato.com
• Jun 2026investment
  a16z speedrun (the firm's accelerator) co-invested in Sekai, a TikTok-style mini-apps platform, in a $20 million Series A alongside Khosla Ventures, Mayfield, and A*. linkedin.com

Notable investments

• Digital Asset HoldingsGrowth (valuation $2B)Early 2026cryptobriefing.com
• SekaiSeries AJun 2026linkedin.com
• Uniswapcoindesk.com
• Anchorage Digitalcoindesk.com
• Jito Networkcoindesk.com

Key people

Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.

• Chris Dixon · Founding & Managing Partner
  LinkedIn
• Sriram Krishnan · General Partner (on leave)
• Ali Yahya · General Partner
• Arianna Simpson · General Partner
• Daren Matsuoka · Data Scientist

Sources

• a16z crypto official site
• a16z Crypto raises $2.2B Fund 5 — Fortune
• a16z Crypto targeting ~$2B for Fund 5 — Fortune
• As crypto cools, a16z crypto raises $2.2B — TechCrunch
• a16z crypto plans $2B fund — CoinDesk
• a16z crypto news — Feb 2026
• https://www.forbes.com/sites/digital-assets/2026/05/05/crypto-powerhouse-a16z-raises-22-billion-for-fifth-fund/
• https://cryptopotato.com/crypto-in-2026-a16z-predicts-major-shifts-in-privacy-security-and-messaging/
• https://www.linkedin.com/posts/synchgtm_vc-newsflash-big-money-moving-today-activity-7467637688729468928-FhBo
• https://coinfomania.com/why-a16z-crypto-just-highlighted-value-capture-challenges/
• https://a16z.com/newsletter/big-ideas-2026-part-3/
• https://www.theblock.co/post/384892/crypto-future-beyond-blockchains-a16z

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