The venture division of a16z crypto, part of Andreessen Horowitz, has announced its intention to create a new investment fund with a capital of approximately $2 billion. Analysts note that the fundraising for this fund is expected to be completed by mid-2026.
This is reported by Finway
The Fund Will Be Smaller but Focused on Blockchain
According to reports, the new a16z crypto investment fund will be smaller than the previous record fund of $4.5 billion that the company raised in 2022. However, this will allow the division to respond more quickly to market changes and adapt more effectively to new trends in the digital asset space.
All investments from the fund will be directed exclusively towards blockchain projects, emphasizing the company’s strategic focus on the development of this technology. The a16z crypto division is led by entrepreneur Chris Dixon, who was instrumental in launching the company’s first cryptocurrency fund back in 2018 with an initial capital of $300 million.
Market Challenges and Prospects for the Fund
The establishment of the new fund comes amid an unstable situation in the digital asset market. Over the past three months, Bitcoin has significantly depreciated, and shares of public crypto companies have experienced a substantial decline. As of early March 2026, the price of Bitcoin hovers around $71,800.
Despite market volatility, experts note that the regulatory environment in the U.S. has improved and become more favorable for the development of the crypto industry. This could increase institutional investors’ interest in the new a16z crypto fund.
In recent years, the venture division has supported a number of significant projects in the sector, including Anchorage Digital, Kalshi, and the decentralized exchange Uniswap. At the same time, some companies that received investments from a16z crypto have faced difficulties. For example, the social network Farcaster, which was backed by the fund, returned about $180 million to investors after selling its infrastructure to another company.
Dixon himself previously stated that the industry has entered its “new era,” but emphasized that digital finance remains part of the broader Web3 concept.
The new fund is expected to be fully focused on investments in blockchain projects. According to representatives of a16z crypto, privacy will remain one of the main trends in the industry’s development in 2026.