Haun Ventures is looking for $ 1 billion for new crypto funds with renewed market momentum – Cryptomode
Haun Ventures Dental subtraction For another large capital increase, it aims to secure $ 1 billion in two new crypto -oriented funds. Founded by former Federal Prosecutor Katie Haun, the company plans to divide the upgrade evenly: 500 million dollars for early stages crypto initiatives, and more mature, $ 500 million for late stage projects.
This reflects Haun Ventures’s first output when it starts with $ 1.5 billion in 2022-the biggest first fund gathered by a woman VC so far.
Timing is remarkable. Haun’s return to donation collection comes after a long bear market that sees that the investor has decreased for digital assets. However, especially from the Donald Trump’s campaign – and the political care of the corporate capital renewed symptoms, Haun Ventures seems ready to ride the next growth wave.
While most companies run to distribute capital at the summit of the last bull run, Haun Ventures took a slower approach. In the middle of 2023, he deployed only 30% of his first funds, and the market gave dry dust to invest in higher quality opportunities, as at the bottom. This strategy has gained praise from limited partners, and now the majority of its capital is deployed, the firm is ready for the next stage.
A team built for the next part of Crypto
Haun’s record was watching the company. After prosecution of crimes related to Blockchain at the US Department of Justice, he joined the Coinbase Board and later became a general partner at the A16z crypto. Haun Ventures contains experienced operators from Coinbase, Airbnb and the US Government – this is a mixture of policy insight and initial experience.
The company’s portfolio already includes companies such as Zora and Stablecoin protocol bridge. If new funds are closed as expected in June, they will be among the largest crypto VC elevations since the last loop and will strengthen the position of Haun Ventures at the center of Blockchain venture capital.
