a16z Crypto Closes $2.2B Fund to Back Builders Across All Stages

Venture Capital giant, Andreessen Horowitz (a16z) crypto arm has closed its fifth crypto fund at $2.2 billion. The new vehicle, named Crypto Fund 5, is designed to deploy capital over a long time horizon and invest across stages in crypto startups. Alongside the fund announcement, the firm said its CTO, Eddy Lazzarin, has been promoted to general partner. Fifth Fund In the latest announcement, a16z’s partners d…