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Global venture capital firms, including Andreessen Horowitz (a16z) Crypto and Mangusta Capital, are expanding their operations in South Korea, recognizing it as a vital investment hub, particularly in the cryptocurrency and tech sectors. The South Korean government is supporting this trend by facilitating capital inflows through a global fund that requires substantial investments in local startups. With a notable investment from Third Prime Capital in a defense tech startup, experts suggest that ongoing global interest will depend on the success of South Korean startups.