This is the year the world came onchain.
When we launched our first State of Crypto report, the industry was still in its adolescence. The total crypto market was worth about half what it is today. Blockchains were much slower, more expensive, and le
Each year, the State of Crypto report from a16z crypto cuts through the noise and tracks crypto’s evolution across markets, technology, policy, and culture.
Now in its fourth edition, the 2025 State of Crypto report reveals how crypto has gone ma
Corporate structures affect everything, from day-to-day operations to taxes. But in web3, they can also help founders fulfill critical objectives, like further decentralizing. a16z crypto General Counsel Miles Jennings shares frameworks and mental models for choosing the right corporate structure, especially for founders looking to facilitate (vs. undermines) decentralization. This talk covers options for corporate structures, along with their benefits, limitations, and other common challenges and pitfalls.