Andreessen Horowitz Raises New $2.2 Billion Crypto Fund

Andreessen Horowitz has raised a $2.2 billion crypto fund, doubling down on digital assets at a moment when the venture industry is still recovering its appetite for the sector.

The new vehicle lifts the firm’s total crypto capital to about $9.8 billion across five funds, cementing its position as one of the largest sources of venture funding for the sector. The raise comes as smaller funds struggle to attract commitments and token prices remain well below their peaks.