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

The largest player in the crypto venture world is back on the fundraising circuit. The blockchain arm of Andreessen Horowitz, also known as a16z crypto, is currently raising its fifth fund, according to multiple sources, who spoke with Fortune on the condition of anonymity to discuss confidential business operations. The firm is targeting around $2 billion, said one of the sources, and plans to close the raise by the end of the first half of 2026. 

Led by longtime investor and entrepreneur Chris Dixon...