Haun Ventures secures $1.5 billion in funding
The head of Haun Ventures announced that she has raised a significant amount for two cryptocurrency venture funds. It's about $1.5 billion.
A third of this amount will be spent on investments in startups, and a billion will be spent on the needs of the accelerator fund. The company's area of interest includes both securities and tokens.
In January 2021, the media said that much less would be spent on these purposes. The head of Haun Ventures planned to raise $900 million for this initiative.
This interest in cryptocurrencies is easily explained. Kathy Haun is a specialist with extensive experience in the field of digital assets. Previously, she was co-chair of crypto-focused funds at a16z. And now he is a partner at Haun Ventures.
Investments in bitcoins and altcoins bring high returns. And although the fund does not plan to invest in them directly, but will support startups and crypto projects, this is a good omen for the market. Additional investment will be a great support.
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