Cryptopolitan
2023-07-28 08:56:54

Sequoia Capital slashes cryptocurrency fund by over 65% amid market decline

Sequoia Capital, the prominent venture capital firm, has significantly reduced its cryptocurrency investment fund. Citing anonymous sources, the once $585 million crypto-focused fund has now been downsized to $200 million. Simultaneously, Sequoia has cut down its ecosystem fund, originally valued at $900 million, to $450 million. These measures come as the company seeks to adapt ... Read more

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