Michele Korver, a government and law-enforcement veteran who was most recently the chief digital currency adviser at the U.S. Financial Crimes Enforcement Network (FinCEN), is joining Andreessen Horowitz (a16z) as its head of regulatory.
- Korver spent less than nine months at FinCEN, having joined in July 2021 after nearly four years as digital currency counsel for the U.S. Department of Justice.
- She announced the move on her Twitter account Tuesday, referring to her excitement “to work directly with Web 3 projects to help them thrive in a rapidly-developing regulatory environment.”
- Venture capital firm a16z has invested extensively in crypto and blockchain, recently announcing plans to raise $3.5 billion for a crypto venture fund and a further $1 billion fund that will invest in seed funding for digital asset startups.
Read more: A16z Investing $70M in Ethereum Staking Provider Lido Finance