https://blockchaining.org/tags/fundraising/ Recent content in Fundraising on Blockchaining.org Hugo en-us Wed, 06 May 2026 00:00:00 +0000 https://blockchaining.org/a16z-crypto-raises-2.2b-for-fund-5-half-the-size-of-its-2022-peak/ Wed, 06 May 2026 00:00:00 +0000 https://blockchaining.org/a16z-crypto-raises-2.2b-for-fund-5-half-the-size-of-its-2022-peak/ <p>Andreessen Horowitz has closed its fifth dedicated crypto fund at $2.2 billion, bringing total capital raised across all five funds to approximately $9.8 billion. The figure is a significant step down from the firm&rsquo;s record $4.5 billion Fund 4, closed in May 2022 at the peak of the last crypto cycle. Fund 5 is roughly half that size.</p> <p>The compression is not a crisis — it is a correction. Fund 4 was raised at a moment of maximum institutional enthusiasm for digital assets, weeks before the market began its protracted collapse. A $2.2 billion raise in the current environment, with crypto markets having recovered but LP appetite for the asset class still recalibrated downward from 2021–2022 excess, represents a durable institutional commitment rather than cycle-driven exuberance. The fund is smaller because the ask was more credible.</p>