The combination of incredible universities creating the next generation of talent, a deep capital market, the sophistication of financial regulators, and the potential for clear and practical regulation all point to the U.K.’s potential to become a hub for tech startups — but notably web3 startups.”

https://techcrunch.com/2023/11/07/a16z-backs-crypto-startup-pimlico-its-first-check-from-london-office/