Andreessen Horowitz to rename a16z crypto fund a16z frontier: The Information

Andreessen Horowitz plans to remove the word “crypto” from the name of its main blockchain fund. What a16z is changing, and what it says it isn’t The naming plan arrives shortly after a16z closed its fifth dedicated fund, called Crypto Fund 5, at $2.2 billion on May 5, 2026. That fund still carries the word in question, at least for now. Amid speculation about the branding shift, a16z has said the fund remains 100% dedicated to crypto entrepreneurs. A smaller fund with a narrower brief At $2.2 billion, Crypto Fund 5 is less than half the size of its predecessor. Crypto Fund 4 raised $4.5 billion in December 2022. The new fund pushes a16z’s total committed crypto capital across five funds to approximately $9.8 billion. The investment thesis has also tightened. Fund 5 is focused on stablecoins, tokenized assets and on-chain lending, which refers to borrowing and lending that happens directly on blockchain networks rather than through a bank. The fund also folds in a focus on AI agents, the software programs that can act autonomously on a user’s behalf, to strengthen financial infrastructure. Who is running the money Alongside the fund close, a16z promoted Eddy Lazzarin from chief tec...