# a16z Crypto Fund 5
In early May 2026, [[Andreessen Horowitz]]'s crypto division closed its fifth fund at $2.2B for Web3 startups, bringing the firm's total dedicated crypto capital to approximately $10B across five vintages. CTO Lazzarin was promoted to general partner alongside the announcement.
## Significance
Sustained crypto commitment through the post-2022 bear cycle marks a16z as the institutional anchor of the Web3 capital base. Pairs with [[David Sacks]]'s White House crypto-czar tenure as the policy half of the same Silicon-Valley-to-Washington crypto bridge.
## See Also
- [[Andreessen Horowitz]]
- [[Marc Andreessen]]
- [[Ben Horowitz]]