Source: a16z crypto podcast — “We Raised $2.2B. Here’s Why.” Aired: May 5, 2026 Featuring: Chris Dixon (Founder & Managing Partner), Ali Yahya (GP), Eddy Lazzarin (GP), Guy Wuollet (GP) Host: Robert Hackett

TL;DR

a16z crypto has officially closed its fifth fund — a $2.2 billion vehicle dedicated to backing the next generation of crypto founders. In a rare joint appearance, all four GPs delivered a sharp, unified message:

• Crypto has graduated from “revolution” to “reconstruction.” The next wave of category-defining founders will be product-obsessed and go-to-market obsessed — not ideology-driven.
• Stablecoins now circulate at roughly $300B, processing volumes comparable to major global payment networks — and the growth…