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A crypto VC raised $1 billion to fund AI agents. The bet is that finance, not models, is what they need.

TNW | Cryptocurrency·Alina Maria Stan·29 days ago
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TL;DR Katie Haun has raised $1 billion for two new Haun Ventures funds, expanding from crypto into AI agents and financial infrastructure. The thesis: AI agents will need regulated financial plumbing, and the firms that built stablecoin infrastructure are best positioned to build it. Her first fund delivered exits including Stripe’s $1.1 billion Bridge acquisition and Mastercard’s $1.8 billion BVNK deal, and the new fund’s largest bet so far is Erebor, Palmer Luckey’s $4.35 billion digital bank. Katie Haun has raised $1 billion for two new venture funds at Haun Ventures, split evenly between early and later-stage vehicles to be deployed over the next two to three years. The capital will go into crypto and blockchain companies, which have been the firm’s focus since Haun left Andreessen Horowitz in 2022 to launch her own shop. But the more revealing shift is not in the fund size, which is smaller than the $1.5 billion she raised in her debut. It is in the thesis.…

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