Katie Haun has closed $1 billion for two new funds, bucking a steep downturn in crypto venture capital. April 2026 saw just $659 million in crypto VC funding across 63 deals, a 74% drop from March and the lowest monthly figure since July 2024.
Haun Ventures' AUM has grown from $1 billion to $2.5 billion, contrasting with shrinking funds at Paradigm, Pantera, and a16z. The firm's thesis: AI agents will need regulated financial infrastructure-wallets, payment rails, compliance layers-and the builders of stablecoin rails are best positioned to supply it.
In other news, Strive became the 9th largest corporate Bitcoin holder with over 15,000 BTC. The Depository Trust & Clearing Corporation will launch live tokenized securities trading in July, bridging TradFi and DeFi. Meanwhile, the legal battle between Trump-linked World Liberty Financial and Justin Sun escalated, with WLFI filing a defamation suit alleging a coordinated short-selling campaign.