Chris Dixon announced on Oct 22, 2026 that a16z Crypto is becoming a16z Frontier, expanding its new fund beyond crypto startups to "frontier" startups building new technologies and markets that take years to develop.
Crypto remains in scope: the post says the firm will continue to invest in crypto ventures and advocate for sensible regulation, with blockchains as money rails, stablecoins, fast global payments and machine-to-machine transactions.
New priorities named are AI-native products, autonomous devices, biology meets tech, and networks for people and AI agents, reflecting Dixon's argument that blockchain receded into infrastructure and companies should be defined by what they do, not the tech they use.
The context in reports is Fund 5 at $2.2B, described at its May close as 100% for crypto entrepreneurs, now usable for AI, robotics and biology; a16z is said to have raised about $9.8B across five crypto funds since 2018.
Leadership is named as Dixon, Marc Andreessen, Ben Horowitz, Eddy Lazzarin and Guy Wuollet, with GP Ali Yahya reported to be leaving. Full text: a16z Frontier.