The undisclosed deals came while other VCs slowed investing
Haun Ventures founder Katie Haun confirmed in a conversation with Dan Primack at the Axios BFD in San Francisco that the firm invested in late-stage crypto survivors Fireblocks and Chainalysis.The investments — both previously unannounced — came while other crypto VCs either slowed investing or stopped altogether.Following the collapse of FTX, Haun said her firm looked opportunistically to invest in late-stage companies that other investors might have written off.
"Any company that is growing during a crypto bear market, we thought, 'Imagine what it will do when the market matures?'"Haun characterized the deals as founder-led, with shares coming from "a variety of strategies," some of which were secondary sales and some from other investors who got in at higher market prices.
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