a16z Raises $2.2B Crypto Fund 5, Targets Stablecoins and Onchain FinanceAndreessen Horowitz’s crypto arm, one of the industry’s largest venture investors, announced a $2.2 billion Crypto Fund 5 to back crypto startups over the next decade across stages. The firm said the fund will focus on stablecoins, payments and financial services, decentralized systems, and onchain markets such as perpetuals, lending, prediction markets, and tokenized assets, arguing crypto fundamentals are at “all-time highs” even as s ...