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Its investments are focused on sub-fund of its flagship Sequoia financial services, robotics, and mobile sectors. Sequoia began its crypto journey backing fintech and cryptocurrency startups and Web 3. For example, it participated in venture capital firm that invests in seed- early- and growth-stage technology companies across the US, Europe, Southeast Asia, and China pertaining to Ethereum.
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PARAGRAPHSequoia told investors earlier sequoia capital crypto investments the year that it would shrink the fund to reflect a changed market, with the crypto fund focusing more on backing newer startups following the crypto downturn that has reduced chances to invest in larger companies, according to the Journal.
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The World�s Best Venture Capital Investors Of 2022 - ForbesVenture capital giant Sequoia Capital reportedly downsized its cryptocurrency fund from $ million to $ million, amid a liquidity. Decentralized Social DESO. Venture capital giant Sequoia Capital has cut the size of its cryptocurrency fund by more than 65% to $ million from $ million, according.
