# A16z Crypto Raised $2.2 Billion for Fund 5. Here's How They Plan to Deploy It

Page: https://stenobird.com/podcast/unchained-5662698/a16z-crypto-raised-2-2-billion-for-fund-5-here-s-how-they-plan-to-deploy-it
Text version: https://stenobird.com/podcast/unchained-5662698/a16z-crypto-raised-2-2-billion-for-fund-5-here-s-how-they-plan-to-deploy-it.md
Podcast: [Unchained](https://stenobird.com/podcast/unchained-5662698)
Published: 2026-05-07T04:12:00+00:00
Episode link: https://pdrl.fm/98e0b1/traffic.megaphone.fm/LSHML6576176751.mp3?updated=1777998984
Audio file: https://pdrl.fm/98e0b1/traffic.megaphone.fm/LSHML6576176751.mp3?updated=1777998984
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JSON: https://stenobird.com/v1/public/podcasts/unchained-5662698/episodes/a16z-crypto-raised-2-2-billion-for-fund-5-here-s-how-they-plan-to-deploy-it
Duration seconds: 3308

## Resource

From AI agents as economic actors to quantum threats and prediction market regulation, Ali Yahya of a16z lays out the investment thesis behind a16z crypto's fifth fund. ======================================================== Thank you to our sponsor! Coinbase One 20% off first year of annual plan + $50 Bitcoin bonus. Offer valid until May 31. coinbase.com/unchained ======================================================== a16z crypto just closed its fifth crypto fund at $2.2 billion — smaller than its previous fund, but the firm says that's deliberate. General Partner Ali Yahya argues we are entering a different phase of crypto's development: one where infrastructure is ready, regulatory clarity is arriving, and the competition for real users has begun in earnest. Two themes sit at the center of a16z's thesis — the collision of crypto and FinTech, and the emergence of AI agents as economic actors. But Yahya's most striking claim may be about blockchains themselves: that performance is no longer a moat, privacy is. And that the chains which get privacy right will accrue stronger network effects than anything the industry has built before. What does a world of privacy-dominant blockchains do to DeFi composability, to security, to the ability to track hackers? And where does the quantum threat actually stand? Host: ⁠⁠⁠⁠⁠⁠⁠⁠Laura Shin⁠⁠⁠⁠⁠⁠⁠⁠, Host / Unchained Guests: ⁠⁠⁠⁠⁠⁠⁠⁠Ali Yahya, General Partner, a16z crypto Learn more about your ad choices. Visit megaphone.fm/adchoices

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## Transcript

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