Andreessen Horowitz's crypto arm has raised a $2.2 billion fund despite the current crypto market downturn, demonstrating continued institutional confidence in blockchain technology. The fund will focus on early-stage investments in web3 and blockchain infrastructure, contrasting with other VCs shifting focus to AI. This positions a16z as a major player maintaining long-term commitment to the crypto space.
Background
a16z (Andreessen Horowitz) is a leading Silicon Valley venture capital firm that has been a major investor in crypto and web3 startups. The crypto market has experienced significant volatility and declining prices in recent months, leading some investors to shift focus to other sectors like AI.
- Source
- TechCrunch
- Published
- May 6, 2026 at 05:15 AM
- Score
- 7.0 / 10