3 weeks ago
The task steadfast led by Chris Dixon is reportedly aiming to adjacent its 5th crypto money successful the archetypal fractional of 2026, signaling continued bets connected blockchain startups.
Mar 5, 2026, 11:10 a.m.
Andreessen Horowitz’s crypto limb is backmost successful the marketplace with a 5th task fund, adjacent arsenic the integer plus assemblage navigates a slower concern environment, Fortune reported.
A16z crypto aims to rise $2 cardinal for the money and hopes to adjacent the process during the archetypal fractional of 2026, Fortune said, citing unidentified sources.
The task superior steadfast declined to remark connected the fundraising effort to Fortune, and neither the steadfast nor its PR squad successful London responded to a CoinDesk petition for confirmation earlier publication.
The people is importantly beneath the company's 4th fund, which raised $4.5 cardinal successful 2023 and remains 1 of the largest dedicated crypto task funds ever assembled. Still, it's larger than the $650 cardinal Dragonfly Capital raised last month.
The reported size suggests a much cautious attack to task superior deployment arsenic crypto markets chill from the highs seen lone past year. Dragonfly's was 1 of the largest raises successful the assemblage astatine a clip erstwhile galore blockchain-focused VCs are struggling, according to Haseeb Qureshi, the firm's managing partner.
Led by wide spouse Chris Dixon, a16z crypto has been 1 of the astir influential investors successful the integer plus sector, backing projects specified arsenic decentralized speech Uniswap, integer plus level Anchorage Digital and Jito Network, a halfway infrastructure protocol. Since its archetypal $300 million crypto money successful 2018, the steadfast has played a large relation successful bringing organization task superior into blockchain startups.
In an X station past month, Dixon said helium sees crypto arsenic entering what helium describes arsenic its “financial era,” wherever blockchain-based fiscal applications could service arsenic the instauration for broader decentralized net services.
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Billions successful crypto are moving successful Iran. Analysts can't hold if it's war-time panic oregon concern arsenic usual.
When airstrikes deed Iran connected Feb. 28, crypto outflows from Nobitex spiked 873%, suggesting a "digital slope run" was ongoing. The world whitethorn beryllium much complex.
What to know:
- Within minutes of the Feb. 28 airstrikes, crypto outflows from Iran's Nobitex speech spiked 873%, suggesting a "digital slope run" was ongoing.
- TRM Labs argues the information alternatively points to Nobitex conducting regular "hot-to-cold" wallet rebalancing to support its funds arsenic the warfare escalated.
- Elliptic maintains that superior formation is occurring, noting a persistent regular trickle of funds to overseas exchanges contempt nationwide net blackouts.
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