Trump’s Victory Shifts a16z’s Crypto Focus Back to the U.S., Cutting UK Plans
The a16z crypto strategy is shifting back to the U.S. due to Trump’s pro-crypto policies and push for tighter regulations.
a16z Refocuses on U.S. Crypto Potential
Andreessen Horowitz (a16z), a leading Silicon Valley venture capital firm, is redirecting its cryptocurrency investments toward the United States while limiting activities in the United Kingdom.
This move follows Donald Trump’s return to the Oval Office and the administration’s new executive order promoting crypto assets and exploring a national digital asset reserve.
a16z Scales Back UK Crypto Operations
According to the Financial Times, a16z plans to cut back on UK investments and operations. The firm initially opened its London office in 2023, but with shifting priorities, its international expansion is slowing.
The company’s founders, Marc Andreessen and Ben Horowitz, have shown support for Trump and are now advising on cryptocurrency policies. Sriram Krishnan, who previously led a16z’s London expansion, left last year to join the Trump administration.
Trump’s Influence on a16z’s Crypto Shift
As the 47th U.S. president, Trump has prioritized pro-crypto policies and aims for reduced regulations, influencing a16z to refocus on U.S. crypto opportunities.
Binance co-founder Changpeng Zhao commented, “As the US becomes more business-friendly again, other countries must work harder to retain its business attractiveness.”
Market Reaction and a16z’s Future Moves
On Inauguration Day, Bitcoin surged to an all-time high of $109,000, reflecting optimism about the administration’s support for digital assets.
While a16z can still invest in UK crypto projects through its U.S.-based teams, a UK official noted that the firm’s local presence was always limited. The company, managing $43 billion, has previously backed UK crypto projects such as Arweave, Aztec, and Improbable.