Andreessen Horowitz's new $2.2 billion crypto fund is chasing stablecoins, DeFi, and the builders no one is watching
The firm is targeting stablecoins, payments and AI infrastructure as generalist investors shift toward artificial intelligence, with capital deployed over a decade.
- On Tuesday, Andreessen Horowitz launched a $2.2 billion crypto fund called 'Crypto Fund 5,' targeting founders building durable products on blockchain infrastructure that persist beyond hype cycles.
- Venture firms are shifting capital toward regulated, capital-intensive sectors where government relationships matter as much as technical insight, a pivot Coinbase CEO Brian Armstrong noted reflects the changing investment landscape.
- Haun Ventures founder Katie Haun raised $1 billion for two new funds, targeting financial infrastructure for autonomous AI agents that require regulated money movement before they need better models.
- Major payments companies including Stripe, Mastercard, PayPal, and Visa are developing infrastructure for autonomous AI agent transactions, reflecting industry consensus that agents require dedicated financial rails.
- Paradigm, led by co-founder Matt Huang, raised $1.5 billion in February targeting the AI-crypto intersection, while Haun bets that focused firms owning this financial infrastructure category can outperform generalists.
27 Articles
27 Articles
Andreessen Horowitz’s crypto arm raises $2.2 billion for fifth venture fund, promotes CTO Lazzarin to general partner
The biggest name in crypto venture capital closed another mammoth fundraise. The digital assets arm of Andreessen Horowitz, which goes by a16z crypto, announced Tuesday morning that it’s drummed up $2.2 billion for its fifth venture fund. The firm also announced it has promoted its CTO Eddy Lazzarin to general partner. Andreessen Horowitz is one of the earliest marquee VC firms to bet big on crypto. Led by managing partner Chris Dixon, the ventu…
Haun Ventures raises $1B for crypto and AI agent funds after stablecoin exits deliver for LPs
Katie Haun has raised $1 billion for two new venture funds at Haun Ventures, split evenly between early and later-stage vehicles to be deployed over the next two to three years. The capital will go into crypto and blockchain companies, which have been the firm’s focus since Haun left Andreessen Horowitz in 2022 to […] This story continues at The Next Web
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