A16z Reconsiders U.S. Crypto Focus Amid Regulatory Changes

According to Odaily, venture capital firm Andreessen Horowitz (a16z) is contemplating a renewed focus on the U.S. cryptocurrency sector following favorable regulatory signals from former President Trump. This shift may lead to a reduction in their investments in the UK crypto market. It is reported that a16z co-founders Marc Andreessen and Ben Horowitz have shown support for Trump and have been advising on technology policies. Previously, in response to regulatory pressures on the crypto industry in the U.S., Andreessen Horowitz announced in 2023 that it would concentrate on the UK crypto market, establishing its first office outside the U.S. in London.