Katherine Wu leaves Coinbase to pursue Job at Early-stage Crypto VC Firm Archetype

Coinbase Ventures investor, Katherine Wu, has announced that she will be leaving the company to join the early-stage crypto venture capital firm Archetype. Wu was previously the senior deal lead in Coinbase after coming to the company last September.

“[T]oday is my last day at coinbase sometimes you take that leap of faith and it just doesn’t land quite right- that’s ok!” Wu wrote in a tweet on Friday announcing her departure.

Wu will now be working as a venture partner in Archetype, a VC founded by Ash Egan. Egan is an investor in several prominent crypto startups, including Chainalysis, BlockFi, and FlaconX. Egan also co-founded ConsenSys Ventures and has invested in renewable bitcoin miner US BTC Corp. and proof-of-attendance startup POAP through Archetype.

According to Wu, the move to Archetype is promising as she is “really excited to be back doing what [I] do best — lead investment in founders in crypto looking to raise their first round.”

Last Summer, Archetype raised about $55 million from partners Cendana Capital and Accomplice & Digital Currency Group. The Wall Street Journal reported last July that, the company’s mandate is to invest between $500,000 and $1.5 million into early-stage crypto startups.

Before her work at Coinbase, Wu was in the pre-seed venture capital firm Notation and crypto data provider Messari.

Source: TechCrunch