Haun Ventures Targets $1 Billion for New Crypto Funds, Expects Oversubscription
Haun Ventures, a venture capital firm led by former federal prosecutor Katie Haun, is aiming to raise $1 billion to invest in the cryptocurrency sector. The funds, expected to close by June 2025, will be split equally between early-stage and late-stage investments, with $500 million allocated to each. The goal of $1 billion is lower than the $1.5 billion Haun Ventures raised in 2022, which was deployed during the crypto market downturn, largely after the collapse of FTX. However, the firm anticipates the new round will be oversubscribed, despite the smaller target.
Haun Ventures, founded by Haun in 2022, is positioned to benefit from changing…