Former Andreessen Horowitz (a16z) partner Katie Haune intends to raise $ 900 million in two new cryptocurrency funds … The Financial Times writes about this referring to knowledgeable sources.
They say a16z is a benchmark investor – the company has invested $ 50 million. The $ 300 million fund is focused on early stage cryptocurrency startups, worth $ 600 million – to large corporations and digital tokens.
At the end of 2021, it became known that Haun would be leaving Andreessen Horowitz for his own project. The investor did not disclose details, but noted that the company will focus on startups in the cryptocurrency and Web 3.0 space.
As a general partner, she has been involved in some of the most significant investments in the industry of a16z, including deals with & nbsp; OpenSea, & nbsp; Celo, Arweave and & nbsp; Royal.
Haun also co-chaired a $ 2.2 billion crypto fund.
In December, Dan Tapiero’s management firm 10T Holdings requested the launch of a third fund focused on investing in crypto startups for $ 500 million.
Previously, Pantera Capital raised $ 600 million in a new crypto fund, and Paradigm and Andreessen Horowitz formed structures for $ 2.5 billion and $ 2.2 billion, respectively.