The $85-billion venture capital firm launched the Sequoia Crypto Fund in February 2022.
FTX Reaches $45M Deal to Sell Interest in Sequoia to Abu Dhabi’s Investment Arm
The agreement requires approval from a Delaware bankruptcy court as failed exchange seeks to raise funds for creditors.
Sequoia Capital, Paradigm among VCs facing “tricky” FTX investor lawsuit
It’s a “tricky case,” as it is unknown what obligation these firms actually had to “completely separate investors,” suggests a crypto lawyer.
Sequoia Capital marks down entire $214M FTX stake to zero
The venture capital firm assured partners it ran a rigorous due diligence assessment when it invested in FTX, finding the exchange to generate $1 billion in revenue and $250 million in operating income.
Binance, Sequoia still backing Elon Musk’s bid for Twitter
The Twitter deal is back on this month, and Binance confirmed to Cointelegraph that it intends to support the deal as part of its push for Web3 adoption.
Crypto venture capital firms see surging assets under management
Filings reveal the massive amount of assets that crypto venture funds are managing, Andreessen Horowitz’s (a16z) crypto funds were also disclosed to be worth around $9 billion.
Sequoia-Backed Band Protocol Creeps Onto Chainlink’s Turf With Oracle Product
Band Protocol 2.0 launched Wednesday with its mainnet oracle solution, BandChain, leveraging the Cosmos SDK from Tendermint Labs.
Robinhood Raises $323 Million From DST, Sequoia, and Ribbit Capital
The $323 million in funding from crypto notables, including Ribbit Capital and Sequoia, brings Robinhood’s valuation to $6.7 billion.
Binance CEO CZ Is Suing VC Giant Sequoia for Reputational Damages
Binance CEO Changpeng Zhao is taking Sequoia Capital back to court, claiming the VC firm hurt his reputation.
Sequoia India Leads $3 Million Round for Token Startup Tackling ‘Fake News’
Sequoia India has led a $3 million funding for Band Protocol, a startup that incentivizes reliable content producers with token rewards and staking.
Sequoia China, Polychain Lead Blockchain Startup’s $28 Million Round
Blockchain startup Nervos Network just raised $28 million from Sequoia China and Polychain, as well as several token funds and traditional VCs.
Sequoia Sues Crypto Exchange Binance After Investment Deal Collapses
The founder of the Binance exchange is facing a lawsuit in Hong Kong over allegations he breached an exclusivity agreement with a big-name investor.