A16z Calls on SEC to Update Crypto Custody Rules for Registered Investment Advisers
Venture capital firm Andreessen Horowitz (a16z) is asking the Securities and Exchange Commission for a sweeping overhaul of how registered investment advisers are expected to safeguard digital assets. In a formal letter submitted to the SEC’s Crypto Task Force on April 9, a16z says RIAs should be able to hold crypto assets directly, under specific