Chris Dixon, managing partner of a16z crypto, announced on the X platform that Miles Jennings, the agency's former general counsel, will replace Brian Quintenz as head of a16z crypto policy. Previously, it was reported that Trump plans to appoint Brian Quintenz as chairperson of the US Commodity Futures Trading Commission (CFTC).
Miles Jennings, general counsel of a16z crypto, said in a post on the X platform that a16z has jointly launched a creator defense fund with OpenSea, Stand With Crypto, etc. a16z will contribute $1 million to work with law firms to provide legal services and advice to artists and creators who face potential government action or simply want to ensure they build NFT projects in a manner that is in legal compliance.