Crypto Giant a16z Establishes Asian Foothold with Seoul Office Launch
Andreessen Horowitz (a16z), the heavyweight crypto venture capital firm, has planted its flag in Asia with a new Seoul office. The move signals strategic intent to capitalize on South Korea's vibrant blockchain ecosystem and the region's accelerating on-chain adoption.
Sungmo Park, formerly of Polygon and Monad, will helm operations as Head of APAC go-to-market. The office positions itself as more than a symbolic presence—it's designed to provide hands-on support for portfolio companies navigating partnerships, marketing, and regional expansion.
The Seoul hub serves dual purposes: a gateway for a16z's engagement across Asian markets and an operational base for cultivating local builder communities. This expansion mirrors the firm's thesis that proximity to users and developers drives meaningful ecosystem growth.