🚀 a16z Crypto Lands in Seoul Like a Confused Alien 👽

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Key Highlights (Or Why This Matters More Than Your Morning Coffee)

  • a16z crypto, in a shocking twist of geography, has decided Asia exists and planted its flag in Seoul.
  • SungMo Park, a human with an impressive LinkedIn bio, will now attempt to “lead Asia strategy” without accidentally offending anyone.
  • The firm promises to “support crypto communities,” which probably means handing out branded NFTs at conferences.

In a move that surprised absolutely no one (except maybe the guy who still thinks crypto is just for buying pizza), a16z crypto has expanded into Asia. Their new Seoul office is strategically located between a kimchi restaurant and a karaoke bar, because nothing says “serious blockchain investment” like singing Gangnam Style at 2 AM.

Why Seoul? Because Numbers Don’t Lie (Unless They’re NFTs)

South Korea, the land where people trade crypto more aggressively than K-pop fan theories, was the obvious choice. With trading volumes higher than a teenager’s Discord usage and nearly a third of adults owning crypto (the other two-thirds pretend they don’t), Seoul is basically the crypto equivalent of a theme park-just with more volatility and fewer roller coasters.

Meanwhile, Hong Kong and Singapore sulk in the corner, muttering about how they used to be the cool kids before Seoul stole the spotlight with its “actual developers” and “functional products.”

Asia: Where Crypto Goes to Either Thrive or Implode Spectacularly

a16z also casually mentioned Singapore and Japan, where crypto ownership is so high that even your grandma probably owns a Dogecoin-themed tea set. The Seoul office will now attempt to “support early-stage projects,” which, in crypto terms, means writing checks and praying.

SungMo Park: The Man Who Will Either Save Asia or Blame It on Market Conditions

SungMo Park, fresh from his previous gigs (which we assume involved saying “blockchain” a lot), has been entrusted with the impossible task of making sense of Asia’s crypto scene. His strategy? “Partnerships,” “distribution,” and “community growth”-or, in layman’s terms, shaking hands, tweeting, and hoping for the best.

“APAC is shaping the future of web3,” Park declared, moments before realizing nobody actually knows what web3 is. “I’ll help founders access not just a market, but context.” (Context sold separately.)

– sungmo (@sungmo_apac16z) December 10, 2025

In conclusion, a16z crypto is now in Asia. Will it work? Maybe. Will it be entertaining? Absolutely. Stay tuned for the next episode: Regulatory Nightmares and the People Who Ignore Them. 🌏💸

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2025-12-11 11:02