Haun Ventures is aiming to raise $1 billion for two new crypto-related investment funds over the next three months, with $500 million for early-stage and $500 million for late-stage investments. This target is lower than the $1.5 billion raised in March 2022 due to different market conditions. Despite this, Haun anticipates the funds will be oversubscribed. The firm, founded in 2022 by Katie Haun, a former Coinbase board member, has already participated in a $70 million funding round for Bitwise alongside other investors. The closing date for the new fundraising round is set for June, potentially marking one of the largest in the crypto sector in the past two years. Interestingly, the interest in stablecoins is expected to persist going into 2025, aligning with predictions from other venture capitalists regarding continued crypto VC investment, although not reaching 2021 peak levels.

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