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Stillmark targeting $500 million raise for new bitcoin credit fund

Quick Take Stillmark — the venture fund run by Alyse Killeen — is targeting a $500 million raise for a new credit fund. The fund will lend capital to companies building in the Bitcoin Lightning space. Alyse Killeen’s Stillmark is trying to raise about $500 million for a new credit fund dedicated to lending capital to companies operating in the bitcoin market, according to sources familiar with the firm’s plans.  Launched in 2019, Stillmark is a venture capital firm focused …

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 …