CryptoMediumUpdated•Originally published 5 March 2026•Updated 6 March 2026•
1 min read

Andreessen Horowitz Targets $2 Billion for Fifth Crypto Fund Led by Chris Dixon

Key Facts

1Andreessen Horowitz (a16z) is planning to raise $2 billion for its fifth dedicated cryptocurrency fund.
2The firm's previous four crypto funds have totaled more than $7.6 billion.
3The firm's fourth fund was its largest at $4.5 billion, launched in 2022.

Venture capital firm Andreessen Horowitz (a16z) is planning to raise $2 billion for its fifth cryptocurrency-focused fund, according to a report by Fortune magazine. The initiative is being led by Chris Dixon, with a target timeline to close the fund by the first half of 2026. This move aims to sustain the firm's aggressive investment strategy, building on the $7.6 billion already raised across its previous four crypto funds. Its fourth fund, launched in 2022, remains the largest to date at $4.5 billion. This significant capital raise signals continued institutional confidence in the long-term potential of the blockchain ecosystem. The influx of capital is expected to provide essential liquidity for emerging startups and support the valuation of major assets like BTC, ETH, and SOL.