Bitcoin

Crypto VC giant targets $1B for new funds, expects oversubscription — Report

The venture capital company Haun Ventures would seek to raise $ 1 billion for two new investment funds linked to the crypto in the next three months.

In the event of success, $ 500 million will be allocated to crypto investments at an early stage, while the remaining $ 500 million will go to crypto investments at a late stadium, people familiar with the Crypto Fortune problem said on March 21.

Different market conditions until 2022 led to a decrease in expectations

The venture capital company, founded by the former member of the Coinbase Board of Directors and Federal Prosecutor Katie Haun in 2022, would not have targeted the $ 1.5 billion which she collected in her very popular funding round in 2022. It cited different market conditions as a reason for the lower objective.

However, Haun would expect the two new funds to be “overestimated”. In March 2022, Haun obtained $ 1.5 billion during the company’s first round of financing, shortly after its launch. Haun had also recruited former leaders of Airbnb, Coinbase and Google Tech Incubator Jigsaw.

The latest company fundraising cycle is expected to close in June and is expected to be one of the largest in the financing of cryptography in the past two years. The venture capital company Paradigm and the head of digital asset investments, Pantera Capital, both asked for similar amounts in 2024.

Cryptocurrencies, venture capital

137 Cryptographic companies raised $ 1.11 billion in funding in February 2025. Source: The tie

In June 2024, Paradigm closed an investment fund of $ 850 million, while in April, the manager of digital asset investments, Pantera Capital, sought to collect more than a billion dollars for a new blockchain fund.

VCs provide that stablecoins will continue to be a goal in 2025

More recently, Haun Ventures participated in the finance company of $ 70 million in Crypto Asset Management Firm in Bitwise, alongside investors such as Electric Capital, Massmutual, MIT Investment Management Company and Highland Capital.

Although the specific objective of the next Haun Crypto funds is not yet publicly known, other venture capital have recently predicted that the interest of the stablescoin will continue until 2025.

In relation: Capital capital companies invest $ 400 million in tons of blockchain

Deng Chao, CEO of Institutional Asset Manager Hashkey Capital, recently told Cintelegraph that stablecoins were the strongest case for crypto in 2024.

Meanwhile, the Infinity Hedge market analyst predicted that investment in Crypto in VC in 2025 would exceed last year’s levels, but would not bring the recorded peak during the 2021 Haussier market. The financing of VC Crypto in 2021 reached $ 33.8 billion, while in 2024, it reached $ 13.6 billion.

Cointelegraph stretched out Haun Ventures but did not receive an answer at the time of publication.

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