a16z crypto raised $2.2B for its fifth fund, down from its record $4.5B Fund 4 in May 2022, taking its total capital raised across five funds to ~$9.8B (Yogita Khatri/The Block)

<a href="https://www.theblock.co/post/400012/a16z-crypto-raises-2-2-billion-fifth-fund-promotes-cto-general-partner"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260505/i20.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260505/p20#a260505p20" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Yogita Khatri / <a href="https://www.theblock.co/">The Block</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.theblock.co/post/400012/a16z-crypto-raises-2-2-billion-fifth-fund-promotes-cto-general-partner">a16z crypto raised $2.2B for its fifth fund, down from its record $4.5B Fund 4 in May 2022, taking its total capital raised across five funds to ~$9.8B</a></b></span>&nbsp; &mdash;&nbsp; Quick Take&nbsp; &mdash; a16z crypto has raised $2.2 billion for its fifth fund as the venture capital firm points to growing use of stablecoins &hellip; </p>