a16z announces opening of its Seoul office, initially focusing on crypto

TechFlow News: On June 15, according to South Korean media outlet Chosun Biz, U.S. venture capital firm Andreessen Horowitz (a16z), which manages approximately $100 billion in assets, announced the official opening of its Seoul office to support its portfolio companies’ expansion into the Korean and broader Asian markets. Initially, the Seoul office will focus on the crypto sector, with plans to gradually expand its scope of operations.