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Andreessen Horowitz Raises $2.2 Billion to Fund Next Wave of Crypto Startups

DE
Decrypt Editorial
(02:06 PM UTC)
1 min read
EW
Approved byEmily Watson

In brief

  • Andreessen Horowitz raised $2.2 billion for Crypto Fund 5, bringing its total crypto investment vehicles to $9.8 billion.
  • The fund is smaller than a16z's record $4.5 billion fourth fund raised in 2022 but matches its 2021 fund size.
  • The firm has backed numerous crypto giants, including Coinbase, Solana, and Kalshi.

Andreessen Horowitz said Tuesday that it has raised $2.2 billion for its…

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