Venture capital firm A16z will invest $1 billion in high-risk assets such as cryptocurrency

Andreessen Horowitz (A16Z), a Silicon Valley venture capitalist, has invested $1 billion in more risky investments, such as cryptocurrency or other digital assets, after making some internal adjustments. Founder Marc Andreessen Ben Horowitz said he has registered all 150 employees as financial advisors to allow them to make bigger bets and increase investment in high-risk asset classes such as cryptocurrencies.