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Ex-congressman Patrick McHenry, a prominent voice for crypto during his two decades in Congress, has moved to a16z to continue shaping the industry he once championed.
What’s the scoop?
- Crypto Advocacy Continuation: McHenry, who co-sponsored the Financial Innovation and Technology for the 21st Century Act, left a strong pro-crypto mark in Congress.
- Bridging Policy and Tech: At a16z, he intends to help navigate the legislative landscape for tech firms, citing his goal to remove bureaucratic hurdles for emerging innovators.
- Private-Sector Influence: Although out of office, McHenry could still affect future crypto regulations, especially with growing industry collaboration and his recent advisory role at Stripe.
- A16z’s Strategic Move: Bringing McHenry on board may strengthen the firm’s sway in crypto lobbying and policy discussions, given his deep D.C. experience.
Excited to share that I’m joining @a16z as a Senior Advisor! Technology is the future of economic growth, and I’m eager to help innovators navigate the policy landscape so they can build.
— Patrick McHenry (@PatrickMcHenry) February 26, 2025
