Category: Sequoia Crypto Fund

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Sequoia slashes its crypto fund by 66% after industry collapses: Report

July 28, 2023

The $85 billion venture capital firm launched the Sequoia Crypto Fund in February 2022. Venture capital giant Sequoia Capital reportedly downsized its cryptocurrency fund from $585 million to $200 million, amid a liquidity crunch and a pivot away toward smaller crypto players. According to a July 27 Wall Street Journal report, the tech-focused VC firm…
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Sequoia Capital Designates $500-600 Million to Crypto Fund Focused on Liquid Digital Assets

February 18, 2022

On February 17, the venture capital firm Sequoia Capital announced the launch of a new $500 million to $600 million sub-fund dedicated to “liquid tokens and digital assets.” The company noted during its announcement that the new fund highlights Sequoia’s strategic “commitment to crypto.” Venture Firm Sequoia Capital to Launch a Fund Focused on Liquid…
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