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Katherine Wu Has Left Coinbase To Join The Crypto Investing Firm Archetype

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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.

“Today 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 announced her resignation in a tweet on Friday.

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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. Through Archetype, Egan, who previously co-founded ConsenSys Ventures, has invested in US BTC Corp., a renewable bitcoin miner, and POAP, a proof-of-attendance firm.

Wu told TechCrunch in a written message that she was “really excited to be back doing what [I] do best — lead investment in founders in crypto looking to raise their first round.” She said she hopes to continue to find ways to make crypto more accessible, citing the example of the “Around The Block” podcast she co-hosted for Coinbase on industry trends.

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. No one from Archetype or Coinbase could be reached for comment.

Wu previously worked for Notation, a pre-seed venture funding firm, and Messari, a crypto data supplier.