One of Silicon Valley`s maximum influential project capital corporations plans to transport deeper into cryptocurrency markets. Sequoia Capital the day past stated it set apart between $500 and $600 million for a brand new fund. It might in general put money into cryptocurrency tokens traded on 0.33 birthday celebration exchanges. This is a part of a broader restructuring on the firm, and the brand new fund could permit Sequoia to play a greater lively position in cryptocurrency networks. The circulate suggests how larger tech traders are plunging into cryptocurrency, wherein they’re seeing professional finances experience explosive profits.
