a16z Crypto plans to raise $2 billion for its fifth fund.

PANews reported on March 5th that, according to Fortune magazine, multiple sources familiar with the matter revealed that a16z crypto is raising funds for its fifth fund, targeting approximately $2 billion, with plans to complete fundraising in the first half of 2026. a16z Crypto launched its first $300 million fund in 2018, and each subsequent fund has exceeded its predecessor's size, culminating in a massive $4.5 billion fund raised in 2022. While the new fund is less than half the size of its previous one, sources say a16z Crypto plans to shorten the fundraising cycle to accommodate the rapidly changing trends in the crypto industry. The sources also stated that the fifth fund will be entirely focused on blockchain investments.