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
Join Michele Korver, head of regulatory at a16z crypto, and Brian Quintenz, head of policy for a16z crypto, as they delve into the nuances of policy and regulatory matters. In this talk, they discuss the key differences and similarities between these areas and provide practical advice for web3 startups on how to navigate both effectively.