Sequoia Capital will Launch $500-600 Million Cryptocurrency Fund to Invest in Tokens

TokenInsight news, Sequoia Capital will launch a new cryptocurrency focused fund, Sequoia Crypto Fund, with a fund size of $500-600 million to invest primarily in liquid tokens (that are live or will be live on exchanges). The fund is part of the larger Sequoia Capital Fund. In addition to the cryptocurrency sub-fund, Sequoia Capital will continue to invest in cryptocurrency startups through its major seed, venture, growth and expansion funds, which have a total capital commitment of over $7.5 billion.