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
In this talk, a16z crypto General Counsel Miles Jennings breaks down the Entrepreneur, Profiteer, and Racketeer framework to help builders navigate legal uncertainty in web3. He explores how decentralization challenges traditional regulation, why taking shortcuts can undermine innovation, and what separates responsible projects from exploitative ones.
From corporate structures to token launches and compliance challenges, this discussion provides essential insights for anyone building in crypto. Learn how to balance risk, regulation, and innovation to create projects that last.