The a16z Show Crypto Fund 5: We Raised $2.2B. Here’s Why.
98 snips
May 7, 2026 
Chris Dixon, founding managing partner and early Coinbase backer, joins Ali Yahya, ex Google Brain investor, Eddy Lazzarin, CTO focused on crypto and AI, and Guy Wuollet, an onchain finance specialist. They dig into stablecoins, onchain credit, AI agents with crypto rails, privacy tech, compute markets, regulation, and crypto’s shift from ideology to practical products.
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Why A16Z Thinks This Is The Right Crypto Moment
- Chris Dixon says crypto looks investable now because stablecoins and onchain markets show real traction while regulation finally gives builders a clearer path.
- He cites roughly $300 billion in stablecoins, Stripe expanding to 100-plus countries, and pending broader rules beyond the Genius Act.
Crypto Moved From Revolution To Pragmatism
- Ali Yahya says crypto culture shifted from replacing the system to working with it, moving from ideology toward practical products and distribution.
- He contrasts the cypherpunk ICO era with today's founders, who focus on real-world problems, go-to-market, and pragmatism.
Why Crypto's Collared Shirt Era Matters
- Guy Wuollet argues crypto's institutional turn is progress, not betrayal, because durable adoption requires governance, credibility, and integration with major financial players.
- He compares it to open source: GitHub ended up inside Microsoft, yet open code still won in practice.
