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bitcoin
Bitcoin (BTC) $ 90,628.28
ethereum
Ethereum (ETH) $ 3,133.58
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 632.27
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binance-usd
BUSD (BUSD) $ 0.98979
dogecoin
Dogecoin (DOGE) $ 0.355889
cardano
Cardano (ADA) $ 0.723288
solana
Solana (SOL) $ 238.83
matic-network
Polygon (MATIC) $ 0.427572
polkadot
Polkadot (DOT) $ 5.70
tron
TRON (TRX) $ 0.197262
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    HomeCrypto Finance

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

    Crypto Finance
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    By admin
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    Latest News

    Enterprise capital large Sequoia Capital reportedly downsized its cryptocurrency fund from $585 million to $200 million, amid a liquidity crunch and a pivot away towards smaller crypto gamers.

    In accordance to a July 27 Wall Avenue Journal report, the tech-focused VC agency advised buyers in March it will scale back its Sequoia Crypto Fund — together with its ecosystem fund — to raised mirror modified market situations.

    VC fund inflows into the cryptocurrency market over the past 12 months. Supply: Cointelegraph Analysis

    Proceed Studying on Coin Telegraph

    See also  XRP Climbs 11% In Bullish Commerce
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