A senior regulation government on the world’s largest inventory alternate is shifting into the cryptocurrency trade.
Anthony Albanese, a former chief regulatory officer on the New York Inventory Alternate, is reportedly leaving his place to affix Andreessen Horowitz, a serious enterprise capital agency targeted on investments in crypto and blockchain developments.
A spokesperson for Andreessen Horowitz advised The Wall Road Journal that Albanese will depart NYSE to enter his new function in mid-November.
In his new place at Andreessen Horowitz, Albanese will deal with constructing the corporate’s regulation technique for cryptocurrency tasks and cooperation with regulators.
Andreessen Horowitz is called a serious blockchain and crypto-friendly VC firm, having invested in a few of the greatest crypto tasks like the USA’ largest crypto alternate, Coinbase.
The highest enterprise capital agency has been actively increasing its presence within the crypto sector in 2020. In April, Andreessen Horowitz raised $515 million for its second fund targeted on crypto and blockchain. The brand new fund goals to deal with blockchain tasks in an identical option to the corporate’s first crypto-oriented fund, which raised $300 million in 2018.