CoinVoice recently learned that, according to Bloomberg, the venture capital firm a16z Crypto will open an office in Seoul, South Korea, joining the growing list of digital asset companies expanding into Asia. a16z Crypto's Chief Operating Officer Anthony Albanese stated that the region "now accounts for a significant share of global cryptocurrency activity. In the coming years, we plan to expand our business footprint in Asia, enhance new capabilities to support cryptocurrency companies operating locally, and continue to explore new ways to expand our geographical presence." Albanese noted that South Korea is the second-largest cryptocurrency market, with nearly one-third of South Korean adults holding cryptocurrency. The company has appointed Sungmo Park to lead its Asia-Pacific operations. Park previously served as the head of the Asia-Pacific region for the Monad Foundation, which operates its own blockchain. [Original link]