OpenSea CTO: We will integrate NFT, tokens, DeFi and other functions to create a "full-featured application on the chain"

The post a16z Opens First Asia Office: Park From Naver and Monad to Lead appeared on BitcoinEthereumNews.com. a16z crypto, the crypto-focused venture arm of Andreessen Horowitz, has officially entered the Asian market with the opening of its first regional office in Seoul, South Korea. The Silicon Valley-based venture fund appointed Sungmo Park as Head of APAC go-to-market to lead the Seoul operations. Park brings extensive regional expertise from his previous roles at Monad Foundation and Polygon Labs. Sponsored Sponsored Asia Emerges as Global Crypto Powerhouse Chief Operating Officer Anthony Albanese made the announcement. The decision to establish a physical presence in Asia reflects the region’s growing dominance in global crypto adoption. Chainalysis reports that Asia-Pacific accounted for $2.36 trillion in on-chain value over the 12 months to June 2025. This figure represents a 69% increase from $1.4 trillion in the previous year. South Korea stands as the world’s second-largest crypto market, with nearly one in three adults holding digital assets—a rate that surpasses stock ownership. Japan has seen on-chain activity surge 120% over the past year. Singapore has one of the highest crypto ownership rates in the world. About 40% of Gen Z and Millennials in the country invest in digital assets. India leads the Chainalysis Global Crypto Adoption Index, driven by mobile-first technology adoption and limited access to traditional banking. Notably, 11 of the top 20 countries in Chainalysis’s Global Crypto Adoption Index are located in Asia. Excited to announce that @a16zcrypto is expanding into Asia and opening our first office in Seoul, South Korea. As part of this, we’re thrilled to have @sungmo_apac16z join our team as Head of APAC go-to-market to lead the Seoul office and start building our presence in the… pic.twitter.com/KBljioBCqx — Anthony Albanese (@AAlbaneseNY) December 10, 2025 The Seoul launch follows other leading venture and crypto firms boosting their Asian presence. Competition for deals, talent, and growth is intensifying as the…

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