Haun Ventures seeks to get a billion dollars for new encryption boxes amid the renewable market momentum – Cryptomode

Haun Ventures is Prepare For a significant increase in capital, it aims to secure one billion dollars through two new boxes focusing on encryption. The company was established by former Public Prosecutor Katie Hoon, and the company plans to divide the increase equally: $ 500 million for emerging companies in the early stage and $ 500 million for more mature projects in the late stage.

This reflects the Hun Ventures structure for the first time in 2022 when it was launched at $ 1.5 billion-the largest fund for the first time collected by individual VC.

The timing is noticeable. The return of Haun to the collection of donations comes after the prolonged bear market, which witnessed the investor’s appetite for digital assets. However, with the renewed political interest – especially from the Donald Trump campaign – and the signs of institutional capital, Haun Ventures seems about to ride the next wave of growth.

While most companies rushed to spread the capital at the height of the last rotation, Haun Ventures followed a slower approach. By mid -2013, it deployed only 30 % of its initial money, giving it a dry powder to invest in high -quality deals with the start of the market. This strategy has gained praise from limited partners, and now, with the majority of its capital publishing, the company is ready for the next stage.

A team built for the next semester of Crypto

Haun has made the company company one to see. After prosecuting Blockchain crimes at the US Department of Justice, she joined Coinbase and later became a general partner in A16z Crypto. Haun Ventures has experienced Coinbase, Airbnb and the United States government – which makes it a mixture of policy vision and startup experience.

The company’s portfolio actually includes companies such as NFT Platform Zora and Stablecoin Protocol Bridge. If the new funds are presented as expected in June, it will be ranked among the largest VC encryption since the last session, which strengthens Haun Ventures at the Blockchain Venture Capital Center.

Leave a Comment