Crypto VC retreat and exchange expansion
Sequoia's crypto fund is reportedly winding down after a16z's retrenchment, while Kraken keeps expanding products.
What we know
An account on X says Sequoia Crypto is closing its London office and accelerators, following a16z Crypto. By contrast, another account on X praises Kraken Pro's new markets, options and commodities despite a weak 'Uptober'.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.