a16z crypto has opened its first Asia office in Seoul, appointing Sungmo Park, former APAC Lead at Monad Foundation and Polygon Labs, as Head of APAC go-to-market. Park, fluent in Korean, Japanese, Chinese, and English, will help portfolio founders build partnerships, expand distribution, and grow communities across the region. The move targets South Korea’s status as the world’s second-largest crypto market, where nearly one-third of adults own digital assets, plus high ownership in Singapore and surging on-chain activity in Japan amid Asia’s $2.36T on-chain boom.
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