a16z plans to reduce its crypto investments in the UK and focus on the US market
ChainCatcher news, according to the Financial Times, Andreessen Horowitz (a16z) plans to scale back its expansion in the UK, aiming to refocus on the US crypto industry. The firm opened its first overseas office in London in 2023, focusing on the UK market, but is now planning to reduce its investment scale.
Insiders revealed that Sriram Krishnan, the partner who originally led the UK business, has left to join the Trump administration. Andreessen Horowitz is shifting its focus back to the US, believing there are more investment opportunities there.
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