A16z crypto, the Web3 arm of the venture firm Andreessen Horowitz, has started seeking capital for its fifth fund.

People familiar with the effort told Fortune the firm is aiming to gather roughly $2 billion for the fund, which will focus solely on blockchain investments.

• Grayscale Ethereum Staking ETF Shares shares are sliding. Why is ETHE stock falling?

One source added that the fundraising process is expected to be completed by the end of the first half of 2026.

The firm has been actively investing in other crypto-related companies throughout the last several months. 

Yesterday, it was announced that A16z and Thrive Capital are reportedly leading a $4 billion funding round for…

Read more on Benzinga