Polychain and Coinbase alum Sam Rosenblum joins KRH Partners

The newly-launched crypto venture firm KRH Partners has found a new partner in Polychain Capital and Coinbase alum Sam Rosenblum.

Kathryn Haun formed KRH Partners at the start of this year after departing a16z where she worked as a partner for its crypto investing unit. The fund secured a16z as a limited partner, and the two firms will likely continue to collaborate, a source told The Block last month

Rosenblum announced his move to KRH Partners today on Twitter. Rosenblum was previously a general partner at Polychain Capital, and before that worked as Coinbase's director of business development. He joins as a partner and deal-team lead. 


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"We want to get crypto into the hands of one billion users by 2025, and to get there, we're investing at each layer of the crypto/web3 tech stack and backing companies, DAOs, and protocols across the early and acceleration stages," he said in a tweet

The firm plans to manage two funds, a $300 million effort focused on early-stage investments and an additional $600 million fund to focus on larger companies and token projects. The firm has already made an investment in non-fungible token platform OpenSea's $300 million Series C round. 

To get to that one-billion number, the firm plans to take a closer look at projects focused on infrastructure for scaling and addressing new markets that could be points of entry for crypto, according to Rosenblum. 

About Author

Aislinn Keely is a reporter on The Block's policy team holding down the legal beat. She covers court decisions, bankruptcies, regulatory actions and other key moments in the legal sphere, putting them in context for the wider crypto industry. Before The Block, she lent her voice to the NPR affiliate WFUV and helmed Fordham University's student newspaper. Send tips or thoughts on all things policy and legal to akeely@theblock.co or follow her on Twitter for updates @AislinnKeely.