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Andreessen Horowitz's Crypto Venture Arm Seeks $2B for Fifth Fund: Fortune

a16z is renewing its crypto commitment, raising a new fund in spite of downtrodden market conditions.

Mar 4, 2026 • 1 min read

Fortune is reporting that venture giant Andreessen Horowitz (a16z) wants to raise $2B for its fifth crypto fund. The fund is allegedly targeting a close date sometime in the first half of 2026.

What's the Scoop?

Fifth Fund: According to multiple anonymous sources cited by Fortune, a16z crypto (the blockchain arm of Andreessen Horowitz) is currently raising its fifth fund. One of the sources indicated the firm is targeting around $2B, and plans to close the raise by the first half of 2026.
Raise Rumors: Two days ago, The Wall Street Journal reported that crypto-fouced VC Paradigm is broadening its mandate, raising $1.5B for a new fund that allow it to invest in other "frontier technology" industries beyond crypto, including artificial intelligence and robotics.

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