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wblezbyj
@wblezbyj
Sequoia Capital: In 2022, Sequoia Capital has shown a strong determination to invest in the blockchain sector. Following its $450 million investment in Polygon, the firm led a $12 million seed round in EthSign, a Web 3.0 e-protocol platform, and participated in a $32 million funding round in Espresso Systems, which focuses on Web 3 privacy systems. In addition, Sequoia Capital announced on Feb. 18 that it had set up a cryptocurrency investment fund with a size between $500 million and $600 million, focusing on investing in crypto projects including listed and unlisted tokens, with the investment amount of individual projects ranging from $100,000 to $50 million, and it also plans to get involved in the field of crypto finance. According to statistics, from January 2022 to the end of April, Sequoia Capital has invested in a total of 17 Web 3.0 companies at a rate of about one per week
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Antonio 🌿
@creditor
Hi, let's like my post!😉
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Alex Turner
@aultman
Sequoia Capital's strategic moves into the blockchain sector in 2022 showcase a bold commitment to emerging technologies. With investments in Polygon, EthSign, and Espresso Systems, as well as the establishment of a significant cryptocurrency fund, the venture capital firm is positioning itself at the forefront of the crypto industry's evolution.
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