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a16z Crypto Expands into Asia with New Office in Seoul, South Korea
In Brief
a16z Crypto opens its first office in Asia, based in Seoul, South Korea.
Sungmo Park appointed as Head of APAC, leading the firm’s regional efforts.
Seoul’s strong crypto ecosystem and developer talent influenced the office location.
Andreessen Horowitz’s crypto division, a16z Crypto, has expanded into Asia by opening an office in Seoul. The firm appointed Sungmo Park as the head of its operations in the region.
Park will oversee efforts to support portfolio companies and accelerate crypto adoption across Asia. His expertise, especially from his previous roles at Monad Foundation and Polygon Labs, will be pivotal in driving growth (a16z, 2025).
The new office will focus on fostering strategic partnerships, strengthening market connectivity, and promoting crypto adoption. South Korea was chosen as the location due to its active onchain community and strong developer ecosystem. #BTCVSGOLD #BinanceBlockchainWeek
