Andreessen Horowitz's Katie Haun on new crypto fund, China's crackdown

Andreessen Horowitz is launching a multibillion-dollar fund to invest in a volatile ecosystem it’s betting will be as influential as the internet. The Silicon Valley venture capital firm, founded by Marc Andreessen and Ben Horowitz, announced its new $2.2 billion cryptocurrency-focused fund on Thursday. It plans to deploy that capital across blockchain and digital asset start-ups. Kathryn Haun, general partner at Andreessen Horowitz, will lead the fund. She joined “Squawk Box” on Thursday to discuss. Subscribe to CNBC PRO for access to investor and analyst insights on crypto and more: https://cnb.cx/2BT2E7y

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About the Author: Mollie Sparks