# Andreessen Horowitz has raised $2.2 billion for its fifth crypto fund.

*fintech · news · 2026-05-05 · Decrypt*

## Key points

- Andreessen Horowitz has raised $2.2 billion for its fifth dedicated crypto fund.
- The firm's total crypto capital under management now approaches $9.8 billion.
- The new fund matches a16z's 2021 fund size but is half the amount raised in 2022.
- Andreessen Horowitz emphasizes ongoing stablecoin adoption for payments, not just speculative trading.
- Haun Ventures and Dragonfly recently closed major crypto funds totaling $1 billion and $650 million respectively.

**Companies:** Coinbase, Solana, Uniswap, Kalshi, Andreessen Horowitz

[Read the full story on Decrypt](https://decrypt.co/366788/andreessen-horowitz-raises-2-2-billion-fund-crypto-startups)

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