[The asset valuations of top cryptocurrency venture capital firms all rose sharply in 2023] Golden Finance reported that the asset valuations of cryptocurrency venture capital firms Paradigm, Polychain Capital, Multicoin Capital, Haun Ventures, and Blockchain Capital were all higher in 2023 than the previous year. Polychain Capital's fund value almost doubled, from $2.61 billion the previous year to $5.04 billion in 2023. Blockchain Capital, which announced in September 2023 that it had raised another $580 million for more cryptocurrency investments, said the value of its assets under management had increased from nearly $1.74 billion to $2.36 billion. Other companies with smaller increases include Paradigm, whose fund is worth more than $10 billion; Haun Ventures, whose assets are valued at more than $1.5 billion; and Andreessen Horowitz, whose massive fund counts cryptocurrency as one of its investments, worth $56 billion by the end of 2023.