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🇰🇷 #a16z Crypto officially enters Korea!
On December 11, a16z crypto made a big move:
Establishing an office in Seoul, with a comprehensive expansion of Asian operations.
Who is in charge?
👉 Sungmo Park, previously the head of Monad Asia-Pacific,
Also led Polygon Labs' ecosystem growth in East Asia, Greater China, Southeast Asia, and India.
In short: a tough player.
Why choose Korea?
a16z said it directly:
Korea = the second-largest crypto market in the world.
Money, users, trading volume, and community are all here.
The new office will focus on three main activities👇
🔹 Strengthening collaboration with entrepreneurs
🔹 Opening more distribution and business channels
🔹 Accelerating the growth of the local Web3 community
Summary in one sentence:
a16z is serious about East Asia; Korea is the first stop.