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a16z crypto

your guide to the next internet from the team at a16z crypto

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Before Bitcoin: The ideas that made blockchains possible

Interviews with pioneers of computing technologies

Crypto cards hit $759 million a month

Stablecoin spending by card swipe is up 2.5x in a year — and it's happening overwhelmingly in digital dollars, almost entirely on Visa

Marc Andreessen & Chris Dixon: Why America needs CLARITY

And why no rules is the riskiest rule of all

From corporation to crowd: How organizations evolved through time and technology

The corporation solved the coordination problems of the industrial age. The DUNA — a new legal entity — does the same for decentralized networks.

3 (more) charts on the tokenized stocks boom

Why tokenized stocks grew more than 5x in a year.

It’s time to pass the CLARITY Act

The GENIUS Act brought stablecoins to the mainstream. Now the networks they run on deserve the same clarity.

The time for Clarity is here: The next-generation Telecoms Act

Congress has a chance to pass the most important technology law since the Telecoms Act.

TradFi doesn’t want DeFi. It wants blockchains.

Blockchain adoption is a cost story, not a conviction story. Builders should plan for both.

The most underrated token type

Arcade tokens offer a different model for crypto: tokens that work like loyalty points or arcade credits, but with the openness and programmability of public blockchains.

A reading list about being/staying human

Part 2 of our summer reading list: 17 books on ambition, grief, meaning, and what people do when things get complicated.

A reading list for the deeply curious

Part one of our summer reading list: 13 books on technology, markets, AI, code, and the systems behind change.

Prediction markets just posted their third straight record-setting week

Prediction markets just had their biggest week ever.

The new comms playbook: show, don’t promise

The next era belongs to builders with receipts

The money flow is the moat

The best businesses sit inside the flow of value. Stablecoins and programmable networks are making that pattern available to every startup.

The race to own AI

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

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.

What prediction markets actually know

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

The tokenization boom in 7 charts

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

Finally, finance's digital transformation

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

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.