Haun Ventures Expands Investor Roster Amid Rising Crypto Prices

According to Bloomberg, cryptocurrency-focused venture capital firm Haun Ventures is expanding its roster of investors as the price of crypto trends upward. The firm's CEO believes that this move adds an entirely new flank of capabilities to what their fund can offer other founders. Diogo Mónica, who is familiar with the venture capital industry, has done close to 125 angel investments while working at San Francisco-based Anchorage. He enjoys deploying capital, staying close with investor updates, and seeing founders succeed. Mónica will take on the role of executive chairman of the board at Anchorage, which has more than $50 billion on its platform from clients that include Haun Ventures. The company's revenue is climbing to new highs, according to Mónica. However, during the crypto market downturn last year, Anchorage experienced some challenges. Mónica is interested in backing projects that use crypto solutions to protect data, as well as startups working on stablecoins, including those in the Haun Ventures portfolio. Haun Ventures is one of the best-known firms in the crypto world. In 2022, it launched a $500 million investment vehicle for early-stage startups and a $1 billion fund for more mature companies. The firm's CEO encourages founders building at the earliest stages to approach them for support.