"The a16zcrypto partners acknowledge the current slowdown in crypto investment, stating, 'we're at one of those quieter moments now.' They emphasize that developments during these times are often more useful and durable."
"Despite the downturn, there remains venture capital available for blockchain startups that can attract investors. However, many prominent crypto VCs are increasingly drawn to the rising valuations in AI startups."
a16zcrypto launched a $2.2 billion fund, its fifth, raising total funds to $9.8 billion. The firm promoted Eddy Lazzarin to General Partner, joining three others. Despite a slow trading period, with Coinbase laying off 14% of its workforce, the firm believes that valuable developments occur during downturns. VC investment in crypto startups has decreased, with nearly $5 billion in Q1 2026 compared to $6 billion a year prior. Competition from AI startups is increasing among crypto VCs.
Read at TechCrunch
Unable to calculate read time
Collection
[
|
...
]