Sequoia told investors earlier in 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.
Chicago Mercantile Exchange (CME) Plans to Launch Spot Bitcoin Trading: FT
“Crypto exchanges might lose some business with the potential debut of a bitcoin spot market on the CME, a global...