A16z Foresees ‘Legitimate and Lawful’ Future for Crypto Tokens Under Trump
With former Donald Trump’s re-election to the U.S. presidency, Andreessen Horowitz, also known as a16z, is projecting a regulatory climate more favorable for the cryptocurrency industry.
The venture capital firm believes this could transform most crypto tokens into “legitimate and lawful” financial tools.
Innovation Within Regulatory Boundaries
In a November 10 post, a16z acknowledged questions from crypto founders seeking clarity on what this new administration may mean for their projects.
The company anticipates increased speculation about the incoming Trump administration’s stance on digital assets but cautions that the public should expect most of it to be “noise.”
However, it believes Trump’s return…