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Former BitLicense Chief to Manage Andreessen Horowitz's Cryptocurrency Efforts
Anthony Albanese will become chief regulatory officer for the tech ventures giant in November.
The one-time New York State finance regulator who shepherded the state's BitLicense through its early days will join tech ventures fund Andreessen Horowitz (a16z) to focus on cryptocurrency companies.
STORY CONTINUES BELOW
- An a16z blog post said the fund's new chief regulatory officer, Anthony Albanese, will focus on crypto portfolio companies in "gaming, digital storage, payment systems, social media, creative marketplaces and more."
- Albanese most recently led the New York Stock Exchange's regulatory division. He had previously served as acting superintendent for the New York State Department of Financial Services during the BitLicense's 2015 launch.
- “We’re seeing so much happening in the frontier areas like DeFi and stablecoins but also among the legacy financial services institutions from PayPal to JPMorgan," said Katie Haun, an a16z general partner. "He’s really the perfect addition at the perfect time."
- The Wall Street Journal reports Albanese will start at a16z in November.
See also: PayPal’s Move Is Good for Crypto Adoption but Not So Much for Profits: Morgan Stanley
Danny Nelson
Danny is CoinDesk's managing editor for Data & Tokens. He formerly ran investigations for the Tufts Daily. At CoinDesk, his beats include (but are not limited to): federal policy, regulation, securities law, exchanges, the Solana ecosystem, smart money doing dumb things, dumb money doing smart things and tungsten cubes. He owns BTC, ETH and SOL tokens, as well as the LinksDAO NFT.
