ChainCatcher news, according to several executives in the digital asset industry, many crypto companies such as Ripple, Kraken, and Circle are competing for seats on the cryptocurrency advisory committee promised by President Trump, seeking to have a voice in the planned U.S. policy reforms.

An insider stated that the venture capital giant Andreessen Horowitz's crypto division a16z is expected to secure a seat, while a16z spokesperson declined to comment on the matter.