A Fresh $1 Billion For The Crypto Industry...

@HaunVentures, the crypto-focused venture firm founded by @katie_haun, has raised $1 billion across two new investment funds, adding fresh firepower to one of the industry's most closely watched backers.

The capital is split evenly between early-stage and later-stage vehicles and is expected to be deployed over the next two to three years, according to Bloomberg. The raise brings the firm's total assets under management to more than $2 billion, per PitchBook data cited by TechCrunch.

Three Areas in Focus

The new fund has three stated priorities: next-generation financial infrastructure, real-world asset tokenisation, and agentic AI.

On tokenisation, the firm pointed to currencies, securities, and commodities such as gold and oil as assets that could unlock global liquidity pools currently constrained by regional infrastructure. On the AI side, Haun Ventures sees the rise of autonomous software agents as a structural shift that will require purpose-built financial rails, covering payments, credit, identity verification, and fraud prevention designed for machine-to-machine activity rather than human users.

Haun herself drew a clear line around the AI thesis. According to The Next Web, she said the firm is not pivoting to become a general AI fund, but rather wants to back AI that sits squarely within its financial services lane.

The backdrop is supportive. Stablecoin transaction volumes surged into the double-digit trillions in 2025, a level that Haun Ventures said is approaching the combined processing volume of Visa and Mastercard, according to Decrypt. The firm also noted that regulatory conditions in the United States are becoming more accommodating for digital assets.

Track Record and Context

The new raise follows the firm's debut $1.5 billion fund, which launched in 2022. Prior portfolio companies include asset manager Bitwise, blockchain analytics firm Chainalysis, and Erebor Bank. The firm also recorded notable exits, including BVNK, acquired by Mastercard for up to $1.8 billion, and Bridge, acquired by Stripe for $1.1 billion.

@katie_haun is a former federal prosecutor and ex-general partner at Andreessen Horowitz who built her profile investigating digital asset cases before moving to the investment side.

Sources:
Bloomberg: Crypto Investor Haun Raises $1 Billion for Funds, Expands to AI Agents
Decrypt: Haun Ventures Raises $1 Billion Fund for the Intersection of Crypto and AI Agents
The Block: Haun Ventures Raises $1 Billion for Funds Investing in Blockchain and AI