a16z announced that it will open an a16z office in London. The new office is scheduled to open later this year and will be led by general partner Sriram Krishnan, who is committed to developing the cryptocurrency and entrepreneurial ecosystem in the UK and Europe. At the same time, a16z also plans to hold the next Crypto Starup School in London in the spring of 2024. The opening of the office in London was supported by British Prime Minister Rishi Sunak, who expressed his "determination to unlock opportunities for this technology and turn the UK into the world's Web3 center." At the same time, a16z will continue to make significant investments in the United States and remain committed to working with U.S. policymakers and regulators to make their regulation of cryptocurrency startups clearer. (Foresight News)