Union Square Ventures is investing in crypto for the long haul, but won’t start a dedicated fund

Union Square Ventures is investing in crypto for the long haul, but won’t start a dedicated fund
  • New York- based Union Square Ventures is taking a long-term bet on crypto, but unlike some VC peers, it won’t break out a separate fund to do so.
  • “We see a lot of upside to keeping it under the same roof,” says Albert Wenger, managing partner at Union Square Ventures.
  • On Monday, competing venture capital firm Andreessen Horowitz announced its first-ever fund dedicated to crypto companies.

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