Former Coinbase VP of comms to take crypto CMO role at a16z

Kim Milosevich, who until December served as Coinbase's vice president of communications, is rejoining Andreessen Horowitz (a16z) as chief marketing officer for crypto.

Milosevich announced the move in a Thursday Twitter thread, writing that she will "be working with [general partner Chris Dixon] and team to help build out the future of web3." 

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The hiring news signals a return to a16z for Milosevich, who, per her LinkedIn, played a role in launching a16z's crypto investing efforts during her stint as marketing partner between 2013 and 2020.

Fast forward to now, with a16z investing in crypto startups across a wide range of industry verticals and, as reported Thursday, plotting to raise $4.5 billion for a pair of new crypto funds. a16z is far from alone in an ongoing period of heightened VC activity across crypto. Former a16z partner Katie Haun is said to be raising close to $900 million for a new fund, for example. 

"I’m excited to go back 'home' to my a16z crypto friends and believers and continue to dedicate myself to the advancement of web3," Milosevich wrote Thursday. "I'll be back in the saddle in February!"