Skip to content

Former CFTC commissioner joins Andreessen Horowitz’s crypto team as an advisory partner

Former CFTC commissioner joins Andreessen Horowitz's crypto team as an advisory partner

Venture Capital firm Andreessen Horowitz has hired Brian Quintenz, a former official with the U.S. Commodity Futures Trading Commission, to advise on crypto-related matters.

In a blog post, Andreessen Horowitz noted that it is banking on Quintenz’s vast experience in matters around crypto and the DeFi space.

Quintenz’s hiring is a big statement by the VC firm, considering that CFTC plays a vital role as the government’s regulator with jurisdiction over cryptocurrencies

Before his appointment, Quintenz’s tenure at the regulator ended last month, and he has been a key opinion leader for softened regulation of digital currencies since his appointment in 2017. 

“We are grateful that Brian is joining the team to help in our work of translating crypto for the policy community, and translating policy for the crypto community, said Andreessen Horowitz general partner Katie Haun. 

According to Haun, with cryptocurrencies becoming mainstream, it is vital to ensure that companies in their portfolio adhere to laid down regulations. 

Amid growing scrutiny across the globe, Andreessen Horowitz has increasingly focused its attention on the regulatory aspect of cryptocurrencies.

Quintenz joins former Securities Exchange Commission official Bill Hinman as part of Andreessen Horowitz’s regulatory team. The firm also tapped Brent McIntosh, the former Under Secretary of the Treasury for International Affairs.

Record $2.2 billion crypto fund

With the increasing popularity of cryptocurrencies, the VC firm raised a record $2.2 billion for investing in the sector. According to the firm, raising a significant amount towards cryptocurrencies aligns with the belief that digital assets have a long-term future. 

In this line, the company promoted 30-year old Arianna Simpson to help manage the fund. 

Simpson, who previously worked at Facebook, attempted to convince the social media giant to venture into cryptocurrencies before unveiling the Libra project. 

[coinbase]

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.

  • 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

Read Next:

Finance Digest

By subscribing you agree with Finbold T&C’s & Privacy Policy

Related posts

Sign Up

or

By submitting my information, I agree to the Privacy Policy and Terms of Service.

Already have an account? Sign In

Services

IMPORTANT NOTICE

Finbold is a news and information website. This Site may contain sponsored content, advertisements, and third-party materials, for which Finbold expressly disclaims any liability.

RISK WARNING: Cryptocurrencies are high-risk investments and you should not expect to be protected if something goes wrong. Don’t invest unless you’re prepared to lose all the money you invest. (Click here to learn more about cryptocurrency risks.)

By accessing this Site, you acknowledge that you understand these risks and that Finbold bears no responsibility for any losses, damages, or consequences resulting from your use of the Site or reliance on its content. Click here to learn more.