U.K. government meets Big Tech—including a16z crypto: ‘Unlike in the U.S., it’s not political’

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On Wednesday, Rachel Reeves, the U.K.’s new Chancellor of the Exchequer met with Big Tech to discuss how the industry can “boost growth.” Among the attendees was Sriram Krishnan, general partner at Andreessen Horowitz.

Krishnan heads the U.K. office of a16z crypto, a venture capital firm with a portfolio that boasts Solana, Uniswap, EigenLayer, and Worldcoin, to name a few. While the meeting centered around AI, a source told Fortune, on the condition of anonymity, that there was brief mention of how blockchain technology could grow the U.K. economy, contingent on the government passing the legislation set out by Labour’s predecessors. While in power, former Prime Minister Rishi Sunak announced: “It’s my ambition to make the U.K. a global hub for crypto-asset technology.”