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Katherine Wu has left Coinbase Ventures to join Archetype Capital

Wu announced her departure on Twitter after just five months at Coinbase’s venture arm.

katherine-wu
Photo katherinewu.me

Katherine Wu, a Coinbase Ventures investor, is departing for Archetype, an early-stage crypto venture capital firm, less than a year after joining Coinbase as a senior deal lead in September. Bloomberg was the first to report on the relocation. “Today is my last day at Coinbase, and sometimes you take a leap of faith and it simply doesn’t work out that’s fine!”

Katherine Wu announced her resignation in a tweet on Friday.

According to the firm’s website, Wu will serve as a venture partner at Archetype, an early-stage VC formed by Ash Egan, who is an investor in a number of notable crypto firms, including Chainalysis, BlockFi, and FalconX. Egan, who previously co-founded ConsenSys Ventures, has invested in US BTC Corp., a renewable bitcoin miner, and a proof-of-attendance firm.

Wu stated that she aims to continue to develop methods to make crypto more accessible, noting the Around The Block podcast on industry trends that she co-hosted for Coinbase as an example.

In 2021, Coinbase Ventures had its busiest year yet, investing in roughly 150 deals.

Last summer, Archetype, formerly Acrylic, secured $55 million from a group of limited partners that included Cendana Capital, Accolade Partners, Accomplice, and Digital Currency Group. The Wall Street Journal reported in July that the Brooklyn, New York-based fund’s objective is to invest between $500,000 and $1.5 million in early-stage crypto companies.

Wu will join Egan and Danny Sursock, the only two Archetype workers currently mentioned on the company’s website, in investing.

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