Katie Haun raises $1B in new venture capital

Former Andreessen Horowitz CEO Katie Haun announced Monday in press release that his company has raised $1 billion in new funding to continue its idea to support crypto and blockchain.

The capital will spread out at the beginning in the beginning and after, Bloomberg saidand, within the crypto and blockchain space, it will be used to return the initial focus other things (like gold and other things), finance, and financial services.

The company hopes to send headquarters around the world in the next two to three years. Haun left a16z at the end of 2021 and launched his own firm soon after, in 2022. The company operates more than $2 billion in assets under management, estimates PitchBook, and its investments include Palmer Luckey’s Erebor Bank and the crypto finance company Ellipsis Labs.