a16z Crypto Expands into Asia with Seoul Office Amid Surging On-Chain Activity
a16z Crypto has inaugurated its first Asian office in Seoul, marking a strategic move into one of the world's most active cryptocurrency markets. The expansion underscores the firm's commitment to regions with robust on-chain engagement and rapid product iteration cycles.
South Korea's prominence as the second-largest crypto market globally made it a natural choice for a16z's regional hub. The office will focus on fostering partnerships, optimizing distribution channels, and accelerating ecosystem growth across Korea, Singapore, and Japan.
Sungmo Park assumes leadership of APAC operations, bringing local expertise to a market where daily trading volumes frequently dominate global rankings. The Seoul base positions a16z to capitalize on Korea's unique advantage: a tech-savvy user base that provides real-time product feedback and drives innovation.
