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Sequoia Seeks Up to $600 Million For First Dedicated Crypto Fund

By
Kate Clark
· · Source: The Information

Sequoia Capital is raising up to $600 million for a new fund focused on cryptocurrency startups, the firm said on Thursday. The announcement marks the firm’s first-ever sector-focused investment fund, a sign of its long-term commitment to the exploding crypto sector . Sequoia has also earmarked up to $950 million for an “ecosystem fund,” which will provide capital to its vast network of...

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