Andreessen Horowitz has embraced the crypto sector in ways no other major U.S. venture-capital firm has done to date.
Now it is adding firepower, and capital, to its efforts by closing on $300 million for a new blockchain-focused fund and hiring Kathryn “Katie” Haun, a former prosecutor with crypto enforcement experience.
Haun, who was the Justice Department’s first coordinator on digital currency, will co-lead the new fund along with General Partner Chris Dixon. Of Andreessen Horowitz’s 11 general partners, she is the only woman.
In addition to advising and investing in startups, Haun said she would help the Menlo Park, Calif.-based firm work “to foster responsible innovation and strike the right balance between innovation and regulation.”
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