Andreessen Horowitz is opening its first international office in the U.K. to invest in crypto startups in the nation. The company anticipates a stronger regulatory environment for cryptocurrency firms in the country. A16z's new office will be led by Sriram Krishnan, one of the firm's four general partners. A16z intends to commence a 12-week accelerator program, dubbed Crypto Startup School, for emerging founders next spring.
A16z's crypto general partner Chris Dixon expects the U.K.'s regulatory landscape to be conducive to crypto, unlike the U.S., where the SEC has taken an aggressive public stance against the industry.
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