Archive - a16z crypto

The race to own AI

One of the more interesting side effects of the AI boom is the scramble to own pieces of it.

Jun 13 • Robert Hackett

3 product-market fit patterns working right now

Product-market-fit (PMF) is one of the single greatest determinants of whether a company lives or dies.

Jun 6 • Jason Rosenthal

May 2026

What prediction markets actually know

The questions they answer that other markets can't — and what they still need to get right

May 30 • Scott Duke Kominers

The tokenization boom in 7 charts

How tokenization is changing what assets are, how they move, and who can build on top of them

May 23 • Robert Hackett

Finally, finance's digital transformation

The case for blockchains as finance’s long-delayed cloud moment.

May 21 • Guy

The law was built for companies. The future may be built by networks

Why the CLARITY Act is really about whether decentralized networks can exist as first-class institutions in the United States.

May 15 • Miles Jennings and a16z crypto

Why 'stablecoins' won't age well

The category has moved on. The name hasn't.

May 9 • Robert Hackett

We raised a $2.2B crypto fund

May 5 • cdixon, Ali Yahya, Guy, and Eddy Lazzarin

April 2026

Can AI agents actually pull off DeFi exploits?

We asked whether off-the-shelf AI could turn DeFi vulnerabilities into real exploits. The answer was… complicated.

Apr 29 • Daejun Park and Matt Gleason

How stablecoins found their story in 9 charts

A new picture is emerging of what stablecoins are for

Apr 25 • Robert Hackett and Jeremy Zhang

Agents are starting to operate real systems — who’s actually in control?

As agents start to govern real systems, who controls the models behind them? Plus, four more ways blockchains can help provide the missing…

Apr 18 • Christian Catalini, Andy Hall, Noah Levine, and Christian Crowley

A guide to perpetual futures: How they work and why they're growing so quickly

The rise of perps, the shift onchain, and the emerging builder opportunity

Apr 11 • Jay Drain Jr.