Haun Ventures closes $1B raise for blockchain and AI funds — third major round in four years.

Haun Ventures has secured $1 billion split across early and later-stage funds, targeting crypto firms and startups at what the firm calls the "new frontier" of finance — a blend of financial services, artificial intelligence, and alternative assets. Capital will be deployed over the next two to three years.

Founded by Katie Haun — former Coinbase board member, a16z general partner, and Justice Department prosecutor — the firm has now raised $2.5 billion in total since its 2022 debut. That first $1.5 billion raise came just ahead of the crypto market's downturn, a timing that sharpened the firm's current focus on revenue-generating companies with real users rather than early-stage speculation.

Portfolio names include Fireblocks, Chainalysis, and Aptos Labs. Most recently Haun joined an $18 million round for Squads, which is building out its stablecoin platform Altitude — a signal of…