By Chris Hollingworth 
Venture capital firm Haun Ventures is gearing up to raise $1 billion for two new crypto-related investment funds in the coming months. According to sources familiar with the matter as reported by Fortune Crypto on March 21, the funds will be split evenly, with $500 million earmarked for early-stage crypto investments and the remaining $500 million allocated to late-stage opportunities.
Founded in 2022 by Katie Haun, a former Coinbase board member and federal prosecutor, Haun Ventures notably surpassed expectations in its initial funding round, raising $1.5 billion. However, due to evolving market conditions, the firm has adjusted its target for the upcoming funds.
Despite the revised target, Haun Ventures anticipates strong demand for the new funds, expecting them to be oversubscribed. The company has attracted top talent, including former executives from Airbnb, Coinbase, and Google’s tech incubator Jigsaw.
The upcoming fundraising round, slated to conclude in June, is poised to be one of the largest in the crypto space over the past two years. This mirrors a trend in the industry, with other prominent firms like Paradigm and Pantera Capital also seeking substantial capital injections in recent years.
In a sign of continued investor interest in the sector, 137 crypto companies collectively raised $1.11 billion in funding in February 2025, as reported by The TIE. Haun Ventures recently participated in a $70 million funding round for Bitwise, joining a consortium of investors that included Electric Capital, MassMutual, MIT Investment Management Company, and Highland Capital.
While the specific focus of Haun Ventures’ new funds remains undisclosed, industry experts predict that stablecoins will maintain their prominence in 2025. Deng Chao, CEO of HashKey Capital, highlighted stablecoins as a key utility for crypto assets in 2024. Market analysts foresee continued growth in VC investment in the crypto space this year, though they do not expect a return to the peak levels seen during the 2021 bull market.
As the crypto landscape evolves and investment trends shift, Haun Ventures stands at the forefront of capitalizing on emerging opportunities in the digital asset space. For further insights into Haun Ventures’ strategy and the broader crypto investment landscape, stay tuned for updates as the fundraising round progresses.
Source: The TIE
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