a16z Crypto Expands Asia with Seoul Office as Sungmo Park, Polygon Labs Veteran, Leads Regional Growth

Andreessen Horowitz’s a16z crypto is expanding its Asia footprint with a new Seoul office, signaling a disciplined push to deepen ties with local founders and institutional partners. The initiative aims to streamline deal-flow, broaden distribution channels, and accelerate regional community development in a market widely regarded as a leading crypto hub. By establishing on-the-ground leadership, a16z crypto seeks to boost participation in Asian digital-asset markets while supporting portfolio companies through targeted local networks.

Leading the effort is Sungmo Park, reportedly the former Head of Asia Pacific at the Monad Foundation. Park previously steered market expansion and ecosystem initiatives for Polygon Labs across East Asia, Greater China, Southeast Asia, and India, positioning him to accelerate partnerships, regulatory engagement, and go-to-market strategies for a16z crypto in Korea and beyond.