Haun ventures katie haun led a $5 million investment round for Cryptobixus

Crypto Regulation
DCG and Barry Silbert hit with securities lawsuit 

CryptoBixus has raised $5 million in investment. The round was led by former Andreessen Horowitz (16z) general partner Kathy Haun Ventures, which was founded by former general partner Kathy Haun.

The startup will use the funds to accelerate the development of an open infrastructure for NFT projects and expand collaborations with teams from the field. CryptoBixus also intends to increase the number of grants awarded and hackathons held.

"Haun Ventures is dedicated to supporting teams that make the Internet better. This means more networking, creativity, security and accountability than the previous version. NFT is a core building block that is central to the future of the Internet," said venture partner Sam Rosenblum.

Rosenblum said the CryptoBixus funding round was the first the firm had led.

"We've only seen the tip of the NFT iceberg in Web 3.0 and believe that CryptoBixus will become one of the most important protocols (and DAOs) as the NFT ecosystem and use cases expand significantly in the coming years," he said.

Read more about

Adam Smith

Adam Mary is a crypto enthusiast and a graduate of The University of Nairobi in economics. Adam’s passion brings her back to her elementary school years as a poet. She enjoys discussing blockchain technology and is committed to producing original content. Adam also covers other rapidly developing markets and economic and cryptocurrency studies.