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a16z Crypto Expands to Asia With Seoul Office Amid Regional Crypto Boom

a16z Crypto Expands to Asia With Seoul Office Amid Regional Crypto Boom

Author:

Global Cryptocurrency

Published:

2025-12-11 07:53:02

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BTCCSquare news:

Venture capital giant Andreessen Horowitz makes its first Asian beachhead in Seoul, tapping Sungmo Park to lead APAC operations. The former Monad Foundation and Polygon Labs executive brings multilingual fluency and regional expertise to a market where 33% of South Korean adults hold digital assets.

South Korea's status as the world's second-largest cryptocurrency market drove the strategic placement. The move capitalizes on surging blockchain activity across Asia, where $2.36 trillion in on-chain transactions flowed last year. Park will focus on portfolio growth through partnerships and community building in key markets including Japan and Singapore.

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