Former Andreessen Horowitz investor Katie Haun introduced on Monday in a press release that her agency has raised $1 billion throughout new funds to proceed its thesis of backing crypto and blockchain.
The capital can be unfold throughout startups at early and later phases, Bloomberg reported, and, inside the crypto and blockchain area, will probably be used to again startups centered on different belongings (like gold and other commodities), the agentic financial system, and monetary companies.
The agency hopes to deploy the capital globally over the following two to a few years. Haun left a16z in late 2021 and launched her personal enterprise agency shortly after, in 2022. The agency handles greater than $2 billion in belongings underneath administration, estimates PitchBook, and its investments embody Palmer Luckey’s Erebor Financial institution and the crypto finance firm Ellipsis Labs.
