Sequoia Capital, one of the world’s largest venture capital firms, recently announced it will launch a new crypto-focused fund. The Sequoia Crypto Fund is the first-ever sector-specific fund at Sequoia intends to invest in liquid tokens. The fund’s size of $500 to $600M is part of Sequoia’s Capital Fund, formed after the Sequoia’s restructuring in October 2021. Sequoia has previously placed over $7.5B in total capital in crypto startups, primarily through its seed, venture, growth, and expansion funds.
Sequoia Capital is Launching a $500-600M Crypto Fund to Invest in Tokens