BlockBeats News, March 5 — According to Fortune magazine, the largest player in the crypto venture capital space is returning to the fundraising market. Andreessen Horowitz’s blockchain investment arm, a16z Crypto, is currently raising its fifth fund. Several anonymous sources told Fortune about this to discuss the confidential business operations involved.
One source said the fund aims to raise about $2 billion and plans to complete the fundraising by the first half of 2026.
Led by veteran investor and entrepreneur Chris Dixon, a16z crypto launched its first $300 million fund in 2018. The previous year, the blockchain boom had driven Bitcoin prices to $20,000. Since then, each fund has been larger than the last, peaking in 2022 with a massive $4.5 billion “giant” fund, which is still actively investing.
Although the latest fund is less than half the size of the previous one, a source said a16z crypto plans to shorten its fundraising cycle to better seize opportunities from the rapid changes in the crypto industry. Previous funds were raised within one to two years of each other.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Back Toward $70K as US-Iran Tensions Ease: Here are the Two Next Possibilities
Bitcoin price climbed back toward the $70,000 zone after geopolitical tension between the United States and Iran began to cool. Global markets reacted almost immediately to the calmer tone in the Middle East, and BTC price moved higher as risk appetite slowly returned across financial markets.
CaptainAltcoin7m ago
South Korean prosecutors sell stolen and recovered Bitcoin 320.8 coins, cash out $21.5 million, and remit to the national treasury
Gate News: On March 10, the Gwangju District Prosecutor's Office in South Korea sold 320.8 Bitcoins, with the proceeds of 31.6 billion Korean Won (approximately $21.5 million) remitted to the national treasury. The Bitcoins were originally confiscated after a crackdown on an illegal gambling platform, stolen in August 2025 due to a phishing attack on an official, and voluntarily returned by the hacker in February this year. The prosecution then sold the assets in batches over 11 days (from February 24 to March 6). The hacker remains at large, and the investigation is ongoing. (The Block)
GateNews37m ago
Bitcoin Outperforms Risk Assets and Oil Amid Market Volatility - Coinspeaker
Bitcoin (BTC) is demonstrating unexpected resilience against broad market sell-offs, outperforming traditional equities as oil prices surge past $100 a barrel. BTC USD maintained $70,000 even as the Nasdaq and S&P 500 staged steep early losses following escalating geopolitical conflicts in the
Coinspeaker42m ago
Strategy Perpetual Preferred Stock STRC traded with a volume of $299.4 million yesterday, reaching a new high in 2026
Gate News Announcement: On March 10, the trading volume of Strategy's perpetual preferred stock STRC reached a new high in 2026 yesterday (March 9), totaling $299.4 million, exceeding the face value of $100. Based on the current price, this amount of funds could support the purchase of 1,360 BTC.
GateNews50m ago