Venture capital giant Sequoia Capital has slashed the size of its cryptocurrency fund by over 65%, reducing it from $585 million to $200 million, Wall Street Journal reported citing sources familiar with the matter.
The venture capital giant has also made corresponding cuts to its ecosystem fund, reducing it by half from $900 million to $450 million, Wall Street Journal’s sources revealed. …
Read More: Sequoia Capital Cuts Crypto Fund by Over 65% to $200 Million – What’s Going On?
Source:https://cryptonews.com/news/sequoia-capital-cuts-crypto-fund-by-over-65-200-million-whats-going-on.htm