Share this article
Katie Haun Seeks $900M for Crypto Funds After A16z Departure: Report
Haun is aiming for $300 million for an early investment fund targeting crypto startups and $600 million for a fund focused on larger companies and digital tokens.
Updated May 11, 2023, 5:52 p.m. Published Jan 7, 2022, 11:01 a.m.
Make us preferred on Google
Katie Haun, soon to be a former partner at Andreessen Horowitz (a16z), is looking to raise $900 million for a pair of crypto investment funds following her departure from the venture capital firm, according to a report by the Financial Times.
- Haun is aiming for $300 million for an early investment fund targeting crypto startups and $600 million for a fund focused on larger companies and digital tokens, the newspaper reported on Friday, citing people briefed on her plans.
- Though much smaller than the $2.2 billion Haun helped a16z raise for the firm’s third crypto fund in June, $900 million would be a more than sizable debut for a new firm.
- Having announced her departure from a16z last month, Haun said she would be starting her own venture capital firm, which goes by the name “KRH.”
- She will be joined by a small group of a16z staffers, including crypto marketing head and Coinbase alum Rachael Horwitz.
- KRH has already participated in $300 million funding round into OpenSea, which gave the non-fungible token (NFT) marketplace a $13.3 billion valuation.
Read more: A16z Leads Additional $25M Round for DeFi Credit Protocol Goldfinch
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Michael Saylor's Strategy catches a break from MSCI, but analysts caution fight isn’t over yet
MSCI won’t drop firms like Strategy from indexes yet, but a broader rule change may still be on the table
What to know:
- Shares of Strategy rose 6% after MSCI decided not to exclude digital asset treasury firms from its indexes.
- The decision alleviates immediate pressure on companies holding large amounts of bitcoin but not directly operating in the blockchain sector.
- Analysts caution that the situation may not be resolved, as future MSCI rule changes could still impact firms like Strategy.
Top Stories
