Exclusive: Venture giant a16z crypto targeting around $2 billion for its fifth fund amid blockchain market downturn, sources say

Andreessen Horowitz's crypto arm (a16z crypto), led by Chris Dixon, is targeting approximately $2 billion for its fifth fund amid challenging blockchain market conditions. The fundraise is planned to close in the first half of 2026.

• →a16z crypto is seeking around $2 billion for its fifth investment fund despite current market headwinds.
• →The fundraise is being led by Chris Dixon and targeted for completion in H1 2026.
• →The timing comes during a blockchain market downturn, signaling continued institutional confidence.
• →This represents continued major venture capital commitment to the crypto ecosystem.
• →The fund size indicates a16z's long-term bullish outlook on blockchain technology despite short-term volatility.