Catenaa, Monday, March 31, 2025-Haun Ventures, the venture capital firm led by former Justice Department prosecutor Katie Haun, is raising $1 billion to back blockchain startups. The funding will be split evenly between early- and late-stage investments.
The firm previously raised $1.5 billion in 2022 but deployed capital cautiously after the collapse of FTX.
This latest effort is expected to be the largest crypto-focused venture raise since President Donald Trump’s second term began.
Haun Ventures launched during a wave of major crypto fundraises, including a record $4.5 billion raised by a16z Crypto, where Haun was previously a general partner. Haun also served as a Coinbase board member before stepping down last year.
The new fundraising comes as Trump has signaled strong support for the cryptocurrency industry. On Thursday, he reiterated plans to make the U.S. a global leader in digital assets.
The firm’s prior investments include NFT startup Zora and stablecoin protocol Bridge, which payments giant Stripe acquired last year for $1.1 billion. The latest funding round is expected to close in June.
