Announcing a16z Crypto Fund 5: $2.2B to back the next generation of crypto founders.
Stablecoins keep climbing through downturns, capital markets are moving onchain, and regulation is moving in the right direction. All together, that means a new financial system is taking shape.
The founders we're backing with this fund are turning new infrastructure into products people use every day. That is how important computing platforms have eventually mattered, and it is how we believe crypto will too.