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 will likely be unfold throughout startups at early and later levels, Bloomberg reportedand, inside the crypto and blockchain house, can even be used to again startups centered on different belongings (like gold and other commodities), the agentic financial system, and monetary providers.
The agency hopes to deploy the capital globally over the subsequent two to 3 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 below administration, estimates Pitchbook, and its investments embrace Palmer Luckey’s Erebor Financial institution and the crypto finance firm Ellipsis Labs.
