According to The Information, Andreessen Horowitz (a16z), one of the largest venture capital firms in the crypto industry, plans to remove “Crypto” from the name of its flagship blockchain fund and expand its investment focus beyond cryptocurrencies. One of the fund’s founding members is also reportedly departing. In May 2026, a16z Crypto closed its fifth crypto fund at $2.2 billion, roughly half the size of its $4.5 billion fourth fund raised in 2022.