Katie Haun
InvestorFounder & CEO at Haun Ventures
San Francisco, CA
Writes $1M – $100M checks · typically $10M
Find your path to Katie
15 people in our graph share verified history with Katie — schools, employers, funds. One of them is your warm intro.
Photo: Slava Blazer, CC BY 4.0, via Wikimedia Commons ↗
About
Katie Haun spent over a decade as a federal prosecutor, leading some of the government's first cryptocurrency cases, before becoming a general partner at Andreessen Horowitz. She founded Haun Ventures in 2022 with one of the largest debut fundraises ever led by a woman, and closed another $1 billion in 2026 to invest across crypto, AI agents, and financial infrastructure.
Contact· published on Katie's own website
Likely email· guessed from name + firm domain, not firm-published
- k•••@haun.coreveal75% confident
Invests in
AI & Machine LearningCloud ComputingCreator EconomyCrypto & Web3CybersecurityDeveloper ToolsFintechInsurTechSocial
Beyond investing
- Founded
- Founded Haun Ventures, a global venture capital firm headquartered in Silicon Valley.
- Education
- Is an honors graduate of Stanford Law School.
- Communities
- Is a lifetime member of the Council on Foreign Relations.
- Awards
- Clerked for U.S. Supreme Court Justice Anthony Kennedy.
- More
- Established the DOJ's first digital currency task force during her time as a federal prosecutor. Taught at Stanford Business School and Stanford Law School. Testified before both houses of Congress on the intersection of technology and regulation.
From Katie's own website — common ground for a warm intro.
Experience
- Haun VenturesFounder and Chief Executive Officercurrent2022 — present
- Andreessen Horowitz (a16z)General Partner and co-leader of crypto funds2018 — 2022
- Stanford Graduate School of BusinessLecturer in Management / cryptocurrency co-instructor2017
- U.S. Department of JusticeAssistant U.S. Attorney, Digital Currency Coordinator and senior headquarters counsel2006 — 2017
- Stanford Law SchoolLecturer in Law, cybercrime and digital currency2016
- Sidley Austin LLPAssociate attorney2001 — 2006
- Supreme Court of the United StatesLaw clerk to Justice Anthony M. Kennedy2004 — 2005
- U.S. Court of Appeals for the Ninth CircuitLaw clerk to Judge Alex Kozinski2000 — 2001
Investments
Investor
AleoAndurilAnduril, Anthropic, Cerebras, Coinbase, Cognition, Databricks, Deel, Edison, Figma, Groq, Neko, OpenAI, Physical Intelligence, Replit, Revolut and SpaceXAnthropicBridgeBVNKCelo and ArweaveCerebrasChainalysisChia Network and ChainCognitionDatabricksDeelEcoEdisonEuler LabsFigmaGroqHaun Ventures disclosed portfolio: Agora, Airwallex, Aleo, Aptos Labs, Argus, Autograph, Bitwise, Bridge, BVNK, Chainalysis, Chaos Labs, Commonware, Conduit, Ellipsis Labs, Erebor, Euler Labs, Farcaster, Fireblocks, Guardrail, Helius, Highlight, Jota, Lighter, Meanwhile, Neynar, OpenSea, Plume, River Markets, Sovereign Labs, Squads, Superstate, Taxbit, The Clearing Company, thirdweb, Witness, XFX and ZoraMeanwhileNekoOpenAIOpenSeaPhysical IntelligencePlumeReplitRevolutRoyalSpaceXValora
Per curated public sources.
Controversies & responses
Where Katie has drawn public criticism — with what happened, their response, and the criticism itself, side by side.
▶Ablett murder prosecution produced life sentence2012
- What happened
- Haun was among prosecutors in United States v. Christopher Bryan Ablett, where a jury convicted a Mongols member of murdering Hells Angels San Francisco president Mark Guardado in aid of racketeering. The case supports trial attribution but was a team prosecution, not her sole work.
▶Nuestra Familia work used RICO against prison-gang leadership2011
- What happened
- Haun describes indicting a large Nuestra Familia case and developing cooperating-witness evidence. United States v. Cervantes materials name her for the government. Exact trial allocation and every resulting conviction require docket reconstruction.
▶Ripple resolution paired penalties with remediation2015
- What happened
- Haun signed the 2015 Ripple settlement. FinCEN and DOJ imposed $700,000 in civil penalty/forfeiture and required AML remediation rather than criminal prosecution. Her later investment activity should not rewrite the settlement as either anti-crypto persecution or endorsement.
▶Silk Road agents were prosecuted using blockchain evidence2015
- What happened
- Assistant U.S. Attorneys Haun and William Frentzen and Public Integrity trial counsel prosecuted DEA agent Carl Force and Secret Service agent Shaun Bridges for theft, extortion, money laundering and obstruction. Both pleaded guilty; Force received 78 months. Haun did not prosecute Silk Road operator Ross Ulbricht.
▶First Digital Currency Coordinator organized multi-agency work2015
- What happened
- The Northern District of California named Haun its first Digital Currency Coordinator in 2015, leading a task force spanning FBI, Homeland Security, IRS, Secret Service and other agencies. 'Government's first task force' is her and firm biographies' characterization rather than a statutory national office.
▶Tornado Cash challenge balanced privacy against sanctions enforcement2022
- What happened
- Haun and Steven Engel argued OFAC lacked statutory power to sanction immutable open-source code and raised due-process, seizure and speech concerns. Treasury linked Tornado Cash to laundering by North Korean and other actors. Supporting architectural privacy can coexist with AML controls, but the position also benefits privacy-oriented crypto investments.
Founder fit — who Katie backs
Best fit is a high-conviction, industry-defining founder operating where technology and regulation are jointly unsettled. Strong teams combine deep distributed-systems, security, cryptography, finance or regulated-industry expertise with rapid execution, institutional trust, global ambition and a product that gives mainstream users concrete benefits without demanding crypto fluency. Haun appears especially relevant to founders needing board governance, risk systems, policy translation, market-structure design and introductions across government, finance and technology. Repeat founders and teams with complementary technical, legal and operating backgrounds recur in her signed theses.
Likely weak fits include tokens without necessary utility, products dependent only on asset appreciation, anonymous or unaccountable governance, fragile smart contracts, weak custody or bridge design, regulatory arbitrage presented as a moat, teams unable to earn institutional trust, closed platforms claiming decentralization, inflated peak-cycle valuation logic, and pitches that treat former-government access as a substitute for customer demand. OpenSea and Euler demonstrate valuation and technical downside; Silk Road and Ripple work underscore AML, corruption and compliance risks.
How to pitch
Start with the financial, commercial or coordination system being rebuilt and why existing rails fail. Show the founder's earned expertise, product, adoption, execution speed and security model. Explain why blockchain, tokens, cryptography or agent-native infrastructure is necessary rather than decorative; specify custody, compliance, sanctions, AML, privacy, governance, insider allocation and incident-response design. Quantify customer economics, global expansion and institutional trust. Identify the relevant Haun Ventures fund and team member rather than assuming Katie personally leads every deal. Address adverse policy outcomes, token liquidity, smart-contract failure and a path to value independent of speculation.
Stages: personal seed through later-stage technology investing, a16z dedicated crypto funds historically, Haun Ventures early stage, including seed and Series A-C, Haun Ventures acceleration and later stage, equity, token and protocol investments, DAO treasury and governance participation, distressed and secondary digital-asset strategies, board governance, global follow-on financing · Sectors: stablecoins and payments, banking, custody and foreign exchange, capital markets and tokenized real-world assets, decentralized finance, insurance and Bitcoin-denominated savings, Layer 1, Layer 2 and rollup infrastructure, zero-knowledge proofs, privacy and cryptography, wallets and consumer financial applications, developer tools and blockchain data, cybersecurity, compliance and analytics, NFTs, digital ownership and creator economics, decentralized social networks, identity, reputation, provenance and verification, prediction markets and derivatives, AI-agent financial infrastructure, fraud prevention and machine-native credit, frontier technology personal investments
Editorial inference from Katie's portfolio, writing and public record — not a published mandate.
Investment themes
12 documented themes from Katie's essays, talks and portfolio, grouped by what they say about founders.
▶More themes10
Technology is a tool whose architecture can expose crime2015
Silk Road enabled criminal commerce, yet its public ledger helped trace theft by investigators themselves. Haun uses this duality to reject both technological innocence and blanket criminalization.
For founders: Show how architecture deters, detects and remedies abuse rather than claiming technology is neutral enough to need no controls.
Regulation should separate bad actors from legitimate builders2015
Her Digital Currency Coordinator comments framed enforcement and industry as sharing an interest in consumer safety and clear rules; Ripple remediation illustrated a negotiated rather than maximalist criminal outcome.
For founders: Build AML and customer protection early and be prepared to demonstrate remediation rather than treating ambiguity as permission.
Hide crypto complexity behind tangible benefit2021
Eco and Valora theses prioritize saving, spending, payments and access rather than teaching every user protocol mechanics.
For founders: Lead with a familiar job-to-be-done, simple experience and measurable user gain; keep keys, fees and compliance complexity under control.
Open networks should improve participant economics2022
The launch thesis argues open platforms can provide ownership, portability, creator economics, transparency and trust superior to walled gardens. Concentrated tokens and VC control can undermine that claim.
For founders: Specify rights, allocations, portability, governance and take rates; prove openness survives insider influence.
Be a venture contributor, not only a capital provider2022
Haun Ventures promises active policy, communication, governance and community participation alongside capital. Such participation increases both founder support and investor conflict responsibilities.
For founders: Ask for concrete operating contribution and establish governance, disclosure and recusal boundaries in advance.
Open-source code is not automatically sanctionable property2022
Her Tornado Cash position argues statutory sanctions authority over foreign property cannot simply be extended to immutable code, while acknowledging incomplete facts about the application.
For founders: Separate protocol code, operators and illicit users legally and technically; include compliance pathways without destroying privacy for lawful users.
Stablecoins are always-on payment rails2024
BVNK and Fund II frame stablecoins as major global settlement infrastructure for businesses, neobanks and incumbents rather than merely trading instruments.
For founders: Demonstrate speed, cost, treasury, liquidity, licensing, compliance and integration advantages against existing rails.
Onchain assets become programmable global primitives2026
Fund II extends tokenization from stablecoins to securities, commodities, derivatives and event-risk markets. Legal enforceability, oracle integrity, liquidity and investor protection constrain the thesis.
For founders: Explain issuance rights, jurisdiction, custody, oracle and redemption mechanics and why global programmability creates durable demand.
Computers as customers need native financial rails2026
Haun expects agents to transact continuously across borders, requiring new identity, fraud, credit, insurance, privacy, provenance and reputation layers. This is a forward-looking thesis, not established inevitability.
For founders: Show a real autonomous workflow, authorization boundaries, liability, human override, fraud controls and unit economics beyond an AI-crypto label.
Operate fearlessly without denying downside2026
Her founder framing prizes work in unsettled technology and regulation, while portfolio experience shows security, valuation and policy risks can be severe.
For founders: Pair ambition with explicit downside cases, incident plans, capital discipline and a compliant fallback path.
▶Founders & company building1
Pair audacious vision with earned founder-market fit2021
Royal, Aleo and OpenSea announcements repeatedly emphasize founders' prior companies, technical research, domain experience and pace of execution.
For founders: Connect each co-founder's history to a hard part of the product and demonstrate execution beyond narrative.
▶Governance & network states1
Broaden token-governance participation2022
Haun credits work delegating governance rights to universities, nonprofits and civil-society groups and says the firm will broaden voices. Independence, compensation and voting records still require project-level evidence.
For founders: Design transparent delegate selection, conflicts, compensation, voting and removal rather than assuming delegation equals decentralization.
Podcasts & interviews
featuring Katie HaunKatie Haun on the Dark Web, Gangs, Investigating Bitcoin, and More | The Tim Ferriss Show
Tim Ferriss
TBPN interview with Katie Haun: The Future of Crypto, Stablecoins, and Web3 Investing
Katie Haun Highlights
Crypto Investor Haun Raises $1 Billion for Funds, Expands to AI Agents
Bloomberg · bloomberg.com
Katie Haun on the promise of stablecoins, crypto regulation and future of agentic finance
CNBC Television
Watch CNBC's full interview with Haun Ventures founder and CEO Katie Haun
cnbc.com
The Stablecoin Evangelist: Katie Haun's Fight for Digital Dollars
TechCrunch · techcrunch.com
6 more appearances
- Watch CNBC's full interivew with Haun Ventures CEO Katie Haun2025-06-20
- Katie Haun on Why the World Needs More Things to Be "Tokenized" l StrictlyVC Menlo Park2025-06-19
- Former a16z Partner Kathryn Haun to Retire from Coinbase Board2024-04-01
- Katie Haun Believes Now Is a Good Time to Invest in Crypto2023-09-21
- Crypto Investor Katie Haun on Bloomberg Studio 1.02022-09-30
- The Crypto Space Is Getting Crowded: Katie Haun2022-09-30
Writing
Fundraise and thesis essay on financial infrastructure, tokenized markets and the agentic economy.
Policy submission favoring consultative rulemaking, privacy-preserving identity and open source over enforcement-first framing.
Haun and Steven Engel's statutory and constitutional challenge to broad Tornado Cash sanctions.
Preliminary legal and constitutional analysis distinguishing sanctioned actors and open-source architecture.
Firm launch, two-fund structure, personal path, web3 thesis, venture-contributor model, policy work and governance delegation.
Haun-signed thesis on artist/fan ownership, revenue participation and founder-market fit.
5 more posts
- Investing in Aleo2021-04-20
- Coinbase Direct Listing2021-04-01
- Investing in OpenSea2021-03-18
- Investing in Eco2021-03-05
- Testimony: Modernizing AML Laws to Combat Money Laundering and Terrorist Financing2017-11-28
Colleagues at Haun Ventures
Network2
Investors connected to Katie in public investor directories — a warm-intro map.
Frequently asked questions
- Who is Katie Haun?
- Kathryn Rose Haun is the founder and CEO of Haun Ventures, a former federal prosecutor, former a16z crypto general partner, former Coinbase independent director, educator and technology investor.
- What did she study?
- She earned a B.A. in international relations from Boston University in 1997 and a J.D. with honors from Stanford Law School in 2000, where she served as a Stanford Law Review managing editor.
- What was her complete early legal path?
- Ninth Circuit clerk, Sidley Austin associate, Supreme Court clerk, Eastern District of Virginia prosecutor, National Security Division counsel, counselor in the Attorney General's office and Northern District of California prosecutor and Digital Currency Coordinator.
- Did she prosecute Ross Ulbricht or shut down Silk Road?
- No evidence reviewed supports that shorthand. Her documented role was prosecuting corrupt federal agents Carl Force and Shaun Bridges for crimes committed during the Silk Road investigation.
- What other prosecutions are attributable to her?
- Official and first-person biographies identify the Christopher Ablett Mongols/Hells Angels murder case, Nuestra Familia RICO work, cyber and corporate cases and the Ripple AML resolution. They were team matters; exact responsibility varies by docket.
- When did she join and leave a16z?
- She joined in June 2018 and served through January 2022, co-leading three crypto funds. The baseline's 2022 start/current status was incorrect.
- Which a16z investments are directly attributable to her?
- Signed announcements directly connect her to OpenSea, Aleo, Eco, Royal and Valora. Departure reporting also associates Celo and Arweave, but generic a16z crypto holdings should not be personalized.
- What was her Coinbase board tenure?
- May 2017 through the 2024 annual meeting. She was Coinbase's first independent director, chaired major risk and governance committees at different times and served through the 2021 direct listing.
- What funds has Haun Ventures raised?
- In 2022 it raised a $500 million early-stage fund and $1 billion acceleration fund. In May 2026 it announced $1 billion more, reported as two equal early- and later-stage vehicles.
- Did she personally make every Haun Ventures investment?
- No. The portfolio belongs to managed vehicles and is supported by a team. Official disclosure omits some positions and does not identify the sourcing partner for each company.
- What are the clearest Haun Ventures outcomes?
- Stripe's completed $1.1 billion acquisition of Bridge is the clearest verified exit. Reporting also describes a BVNK sale and profitable token activity, while OpenSea suffered a major markdown and Euler suffered a large exploit; audited fund returns remain private.
- How have the funds performed?
- Public reporting cites realizations, staking and token-trading profits, discounted purchases and 2025 distributions, but no reviewed source provides audited net IRR, TVPI or DPI for each vehicle. Fundraising and AUM are not performance.
- What does she invest in now?
- Always-on financial infrastructure, stablecoins, payments, banking, custody, tokenized assets and markets, DeFi, cryptographic infrastructure and financial rails for AI agents, across early and later stages.
- How should a founder pitch her firm?
- Show deep founder expertise, rapid execution, concrete user benefit, security and compliance, why decentralization or cryptography is necessary, global economics and a credible path through regulatory uncertainty. Name the relevant vehicle and team member.










