Crypto Investment Firm Haun Ventures Aims to Raise $1 Billion for New Funds, Anticipates High Demand

Haun Ventures, a major player in the crypto venture capital space, is setting its sights on raising $1 billion for two new investment funds focused on cryptocurrency. This target is slightly more modest than its impressive funding round in 2022, reflecting the shifting landscape of the crypto market.

According to sources close to the matter, the firm plans to split the funds evenly. Half of the $1 billion, or $500 million, will be dedicated to early-stage crypto projects, while the other $500 million will support more mature, late-stage crypto ventures. The company expects strong interest from investors, potentially leading to oversubscription.

The news, reported by Fortune Crypto on March 21, highlights Haun Ventures' continued confidence in the crypto$ sector, even as market conditions evolve. With this move, the firm aims to capitalize on opportunities across the entire lifecycle of crypto projects, from promising startups to established players.