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Crypto Queen Kathryn Haun Steps Down From Coinbase Board To Amplify Venture Portfolio

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Coinbase’s board is set to decrease from eight to seven members as Kathryn Haun steps down after seven years to focus on her crypto venture investment firm, Haun Ventures.

Kathryn Haun, a former Assistant U.S. Attorney and partner at Andreessen Horowitz, has announced her departure from Coinbase’s board after serving for seven years.

In a post on X announcing her resignation, Haun stated that Coinbase is “well-positioned to thrive.” However, given the “remarkable expansion state” of the crypto industry, she intends to double down on venture investing with her firm, Haun Ventures.

Haun’s accolades for Coinbase were reciprocated by prominent figures in the crypto community and Coinbase employees, including CEO Brian Armstrong, who described her as a “force of nature” who took a chance on Coinbase and played a significant role in their public listing.

The resignation will become effective at Coinbase’s Annual Meeting of Shareholders, scheduled for later this summer. According to a filing, the board indicated that its overall size will decrease to seven members following the departure of Kathryn Haun, who is one of only two women currently serving as a board director.

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We hope this information will help you in your investment process, but this is not investment advice. Every investment carries risk, especially in this industry, so DYOR before making a decision.

ABOUT THE AUTHOR

Tabitha Nyamburah
Journalist

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