A16z backs more crypto startups as industry raises $155m – DL News
Weekly Raise
- Crypto raised $155 million this week.
- The industry is on track to raise $18 billion in funding in 2025.
- A16z crypto has injected a tenth of the funding this year.
This week, Andreessen Horowitz’s crypto fund backed its 29th crypto deal of the year.
The venture capital giant’s crypto arm, known as a16z crypto, backed both EigenLayer and PrismaX’s rounds.
The deals topped up $928 million a16z crypto has deployed in the crypto sector this year. That’s about a tenth of the total VCs have invested in crypto startups in 2025, according to DefiLlama data.
The venture capital firm’s investment came as the overall industry received $155 million across 15 deals between June 14 and 20.
