Haun Ventures, founded by Katie Haun, plans to raise $1 billion for two new crypto investment funds within the next three months. The funds will be allocated to early and late-stage projects.
Haun Ventures' Plans for New Funds
The company aims to raise $500 million for early-stage investments and $500 million for late-stage investments, according to Fortune.
Fundraising Amid Changing Market Conditions
Despite the lower fundraising target compared to the previous round, sources say the new funds could be 'oversubscribed.' Last year, Haun raised $1.5 billion, but current market conditions have influenced their goals.
Current Initiatives in the Crypto Industry
Haun Ventures recently participated in Bitwise's $70 million funding round. Other major players are also actively fundraising for crypto. In addition, companies from other sectors show interest in cryptocurrencies, as demonstrated by Atai Life Sciences' plan to purchase $5 million in Bitcoin.
Haun Ventures aims to play a key role in crypto investing despite changing market conditions. Their fundraising efforts demonstrate confidence in the industry's future.
