portfolio

Fund 5

Announcing a16z crypto fund 5: $2.2B for startups building crypto’s next phase, from stablecoins to onchain finance and real-world adoption.

The long game for crypto

The messy years are what make the obvious years possible. 

Investing in The Better Money Company

Stablecoins are one of the most important innovations and clearest product-market fits in crypto. They move faster than traditional payment rails, settle globally, and operate around the clock. But there’s a gap in the infrastructure: Stablecoins aren’t yet fungible with each other. Today, if a business receives USDC but needs USDT, or holds one issuer’s...

Any investments or portfolio companies mentioned, referred to, or described on this page are not representative of all investments in vehicles managed by a16z and there can be no assurance that the investments will be profitable or that other investments made in the future will have similar characteristics or results. Exits include current and former a16z portfolio companies which have been acquired as well as companies which have undergone an initial public offering or direct public offering of shares. Certain publicly traded companies on this list may still be held in Andreessen Horowitz funds. A list of investments made by funds managed by a16z is available here: https://a16z.com/investment-list/. Additionally investments that have participated in a16z accelerator programs can also be found https://speedrun.a16z.com/companies/. Excluded from this list are investments for which the issuer has not provided permission for a16z to disclose publicly as well as unannounced investments in publicly traded digital assets. Further, the list of investments is updated monthly and as such may not reflect most recent a16z investments. Past results of Andreessen Horowitz’s investments, pooled investment vehicles, or investment strategies are not necessarily indicative of future results.