The venture firm’s new crypto fund targets autonomous AI agents operating independently within five years, driving blockchain adoption.
Andreessen Horowitz closed a $2.2 billion crypto fund, wagering that autonomous AI agents will function as independent economic actors within five years. The firm’s thesis centers on agents generating income, paying for resources, and transacting via crypto wallets, accelerating blockchain infrastructure development.
Major financial institutions are already responding, with State Street and Galaxy launching a tokenized liquidity fund, BNY Mellon building digital asset custody in Abu Dhabi, and Western Union introducing a regulated stablecoin on Solana. The fund marks the firm’s fifth crypto-focused vehicle, signaling growing institutional interest in on-chain capital deployment.
The pitch highlights agents creating value through services, software, or content, potentially acting as employees for other agents or humans. Early-stage projects are developing frameworks to enable agents to autonomously manage compute costs and operational expenses.