Share this article

Andreessen Horowitz Establishes $4.5B Crypto Fund, Its Fourth

The Silicon Valley venture capital firm is doubling down on its crypto investments despite the market downturn.

Updated May 11, 2023, 5:36 p.m. Published May 25, 2022, 11:20 a.m.
jwp-player-placeholder

Andreessen Horowitz said Wednesday it formed a new $4.5 billion fund that will invest in cryptocurrency and Web 3 companies.

  • The fund is the firm's fourth to target digital assets, with over $7.6 billion being raised in total.
  • Of the $4.5 billion, $1.5 billion will go towards seed investments while the rest is being set aside for venture investments.
  • "We think we are now entering the golden era of Web 3," the company said in its announcement, adding that it's "excited" about developments in blockchain gaming, decentralized finance (DeFi), decentralized social media and non-fungible tokens (NFT).
  • Previous funds were raised last June and in April of 2020, both of which came shortly after crypto market downturns.
  • Bitcoin is currently down 56% from a peak in November, while altcoins such as SOL and AVAX – to name just two – have shredded more than 80% in respective market caps.

See also: Andreessen Horowitz Rakes In $2.2B for Third Crypto Venture Fund

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

Update (May 25, 12:50 UTC): Adds details on the firm's interest in specific sectors and market information.

Más para ti

Protocol Research: GoPlus Security

GP Basic Image

Lo que debes saber:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

Más para ti

JPMorgan Pushes Deeper Into Tokenization With Galaxy's Debt Issuance on Solana

JPMorgan building (Shutterstock)

Galaxy’s onchain debt deal, where JP Morgan acted as arranger, was settled in USDC stablecoin and backed by Coinbase and Franklin Templeton.

Lo que debes saber:

  • J.P. Morgan arranged Galaxy Digital’s commercial paper issuance on the Solana blockchain, one of the first of its kind in the U.S.
  • Coinbase and Franklin Templeton bought the short-term debt instrument, settled in USDC
  • Tokenization of real-world assets is gaining traction, with projections suggesting the market could reach $18.9 trillion by 2033.