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
Jing Wang and Karl Floersch are the cofounders of Optimism, a blockchain-based protocol that enables developers to build and deploy decentralized applications on Ethereum. Jing is the CEO and executive director at the Optimism Foundation and Karl is the CEO of OP Labs. This conversation, moderated by Jason Rosenthal, head of CSX at a16z crypto, covers the origin story of Optimism, path to scaling, and unique ways of working together through challenges.