A16z Crypto opens its first Asia office in Seoul.

A16z Crypto's Seoul Office on the Way

Venture capital fund A16z Crypto has announced that it will open its first office in Asia in the capital of South Korea, Seoul. This new office will be managed by Sungmo Park.

The aim of the office is to develop partnerships in the region and accelerate community growth. South Korea is a notable market with an active on-chain community and developer ecosystem. These features played a significant role in A16z Crypto's choice of Seoul over other Asian financial centers.