
a16z crypto is announcing Fund 5: $2.2B to back the founders building the next era of crypto. All four GPs — Chris Dixon, Ali Yahya, Guy Wuollet, and Eddy Lazzarin — join Robert Hackett to discuss why now, what's changed, and where it's all headed: from regulatory clarity and stablecoins, to AI agents, programmable money, and the infrastructure defining crypto's next chapter.