a16z Refocuses on the U.S. Market After Trump's Crypto Regulation Boost

BlockBeats News, January 24th, according to the Financial Times, citing sources familiar with the matter, venture capitalists from Silicon Valley venture capital firm Andreessen Horowitz (commonly known as a16z) are reportedly discussing refocusing on the U.S. cryptocurrency industry after the Trump administration's favorable stance on cryptocurrency market regulation, reducing their investment in the UK cryptocurrency industry. The company's founders, Marc Andreessen and Ben Horowitz, have been supporters of Trump and have also provided advice on tech policy.

Prior to this, when U.S. regulatory agencies were cracking down on the cryptocurrency industry, Andreessen Horowitz had announced a focus on the UK cryptocurrency industry in 2023 and opened its first overseas office in London.