Andreessen Horowitz is looking to raise around $2 billion for its fifth dedicated crypto fund, with a closing targeted by the end of the first half of 2026, according to a March 5 report.
šØNEW: A16Z CRYPTO TARGETS $2B FOR NEW FUND
Venture giant a16z crypto (@a16zcrypto) is raising its fifth crypto fund. According to sources cited by @Fortune, the firm is targeting about $2 billion.
The fundraise is expected to close by the first half of 2026.
The effort comes⦠pic.twitter.com/YzNumHwWOb
— BSCN (@BSCNews) March 5, 2026
The vehicle would be a step down from the firmās $4.5 billion Fund IV raised in 2022 and is positioned as a tighter, faster-cycle capital strategy led by crypto managing partner Chris Dixon. The report says the new fund is focused exclusively on blockchain investments and is separate from the firmās broader January 2026 fundraising round that spread crypto exposure across multiple vehicles.
Next, stakeholders will watch for an official confirmation of the fund size, signals on LP demand, and how quickly the strategy converts into deployment velocity as market narratives rotate.
Source: BSC News (X).
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