League of Kingdoms

PleasrDAO

United States

Capital

Friends With Benefits

Manifold

Products

Protocols

Infrastructure

Apps

Tools

Interoperability

DeFi

Scaling

Dev Tools

Data

Gaming

Wallets

Resource Coordination

Bots

Exchanges

Oracles

Stablecoins

Indexing

Block Explorers

Social

Multichain

Privacy

Layer 1

Messaging

Investing

Mobile Wallets

Layer 2

Entertainment

Identity

Institutional

Payments

Rollup

Enterprise Solutions

Merchant Services

Energy

Social Token

Publishing

Financial Services

Healthcare

Compliance

Collectibles

AI Agents

Music

Asset Management

Banking

Community

Custody

Data Analysis

Marketing

Meme

Modular

Aggregators

Security

Storage

Tokenization

Travel

Web Wallets

Yield

Poseidon

Eigen Labs

Yupp

OpenTrade

a16z crypto is a $300M venture fund that will invest in crypto companies and protocols. Our fund is designed to include the best features of traditional venture capital, updated to the modern crypto world:

We are long-term, patient investors. We’ve been investing in crypto assets for 5+ years. We’ve never sold any of those investments, and don’t plan to any time soon. We structured the a16z crypto fund to be able to hold investments for 10+ years.

We have an “all weather” fund. We plan to invest consistently over time, regardless of market conditions. If there is another “crypto winter,” we’ll keep investing aggressively.

We provide operational support to entrepreneurs. Our crypto investments have access to the same 80+ person a16z operating teams as do our non-crypto investments. Our operating teams have deep expertise in executive and technical recruiting, regulatory affairs, communications and marketing, and general startup management. We are responsible participants in the governance of companies and the governance of networks.

We are flexible with respect to stage, asset type, and geography. One reason we created a new fund is to have maximum flexibility. We invest at all stages, from early stage projects to fully developed later-stage networks like Bitcoin and Ethereum. We’ll invest in traditional financial instruments like equity or convertible notes, and new instruments including the direct purchase of coins/tokens. Crypto is a global phenomenon, with great projects all around the world, and we’ll invest accordingly.

We are focused on non-speculative use cases. We want services powered by crypto protocols to be used by hundreds of millions and eventually billions of people. Crypto tokens are the native asset class of digital networks, but their value is driven by the underlying, practical uses cases.

a16z crypto

Funding Rounds: 2021

CypherHunter Plus

a16z crypto

Lead Investments

Investment Rounds

Deal by Year

Portfolio