Close Menu
Cryprovideos
    What's Hot

    Shiba Inu (SHIB) Down 93% From ATH, Is Reversal on Horizon? – U.In the present day

    April 7, 2026

    Ethereum Worth Evaluation: Is ETH About to Break Out of Consolidation?

    April 7, 2026

    Genius Terminal Lists on CMC Launch Forward of April thirteenth GENIUS TGE – The Each day Hodl

    April 7, 2026
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Markets»Sequoia Capital to Earn $100M From Stripe’s $1.1B Acquisition of Bridge
    Sequoia Capital to Earn 0M From Stripe’s .1B Acquisition of Bridge
    Markets

    Sequoia Capital to Earn $100M From Stripe’s $1.1B Acquisition of Bridge

    By Wayne JonesNovember 3, 2024No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email



    Sequoia Capital to Earn $100M From Stripe’s $1.1B Acquisition of Bridge

    Enterprise capital agency Sequoia Capital stands to make roughly $100 million following Stripe’s $1.1 billion buy of Bridge.

    The substantial return is especially notable within the crypto sector, the place enterprise funding has considerably declined since its peak in 2022.

    Different Buyers Additionally Set for Main Returns

    In response to experiences from Bloomberg, Sequoia invested $19 million in Bridge throughout its Collection A funding spherical that passed off lower than a 12 months in the past. The quantity interprets to 16% of the stablecoin platform’s possession, which, when liquidated, may lead to a $100 million windfall.

    Different corporations that invested in Bridge additionally stand to make vital returns. Ribbit Capital, which holds near 10% of Bridge, expects a return just like Sequoia’s. Bedrock Fund Administration and Index Ventures maintain about 6% every, and Haun Ventures maintains a 4% stake within the firm.

    Stripe introduced its finalized $1.1 billion bid for Bridge on October 20. The platform, co-founded by Sean Yu and Zach Abrams, gives software program instruments for companies to course of funds in stablecoins. Nonetheless, the transaction remains to be pending regulatory approval and is anticipated to shut throughout the subsequent a number of months.

    The billion-dollar deal comes simply half a 12 months after John Collison, co-founder of Stripe, promised that the corporate would assist stablecoins by mid-2024. His agency’s takeover of Bridge ranks as one of many largest within the crypto sector to this point.

    Crypto VC Funding Dropped 20% in Q3, 2024

    In response to an October 15 report from Galaxy Digital, crypto enterprise funding fell 20% within the third quarter of 2024 to $2.4 billion. This drop was accompanied by a 17% lower in offers, with solely 478 reported in that interval.

    Analysts from Galaxy Digital attributed the downturn to a “barbell market” in crypto funding. On this state of affairs, buyers have favored high-profile cryptocurrencies like Bitcoin and high-risk meme cash, usually overlooking mid-sized tasks looking for funding.

    The report additionally famous that robust demand for spot Bitcoin ETFs from main buyers, resembling pension and hedge funds, could have shifted focus away from early-stage crypto enterprise capital investments.

    Nonetheless, regardless of the funding dip, Stripe’s curiosity in Bridge was reportedly triggered by the latter’s heightened progress in latest months, which noticed it hit a $14 million run charge. Analysts usually use this metric to challenge an organization’s future efficiency utilizing its present monetary information.

    SPECIAL OFFER (Sponsored)

    Binance Free $600 (CryptoPotato Unique): Use this hyperlink to register a brand new account and obtain $600 unique welcome provide on Binance (full particulars).

    LIMITED OFFER 2024 at BYDFi Change: As much as $2,888 welcome reward, use this hyperlink to register and open a 100 USDT-M place free of charge!



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Shiba Inu (SHIB) Down 93% From ATH, Is Reversal on Horizon? – U.In the present day

    April 7, 2026

    Genius Terminal Lists on CMC Launch Forward of April thirteenth GENIUS TGE – The Each day Hodl

    April 7, 2026

    Bitdeer BTDR Unveils SEALMINER A4 With Business-Main 9.45 J/TH Effectivity

    April 7, 2026

    Polygon Giugliano Hardfork Goes Reside

    April 7, 2026
    Latest Posts

    Finance CEO Raoul Pal Calls The Bitcoin Peak, And You Gained’t Imagine The Numbers | Bitcoinist.com

    April 7, 2026

    “Insiders Dumping The whole lot Besides Oil” Declare Hits Tape: BTC, PI, And XRP Response

    April 7, 2026

    Bitcoin Quantum-Proofing Push May Open New Assault Dangers, Mow Warns | Bitcoinist.com

    April 7, 2026

    Bitcoin Whale Strikes $20M to Binance Amid Broader Promoting Strain – Decrypt

    April 7, 2026

    Michael Saylor's Technique (MSTR) retains shopping for bitcoin, so why isn’t the value shifting?

    April 7, 2026

    Capital.com’s Kyle Rodda Flags Bitcoin’s ‘Binary Threat’ as Trump’s Iran Deadline Looms

    April 7, 2026

    Bitcoin Devs Warn In opposition to Speeding Quantum Fixes – Bitbo

    April 7, 2026

    Bloomberg Analyst Mike McGlone Predicts Large ‘Flippening,’ Says USDT Will Overtake Ethereum and Bitcoin – The Day by day Hodl

    April 7, 2026

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Crypto Change Phemex Investigates Potential $37 Million Hack

    January 23, 2025

    Why is Monday Morning a Rollercoaster for Crypto Costs?

    January 14, 2025

    XRP Crypto Broadening Triangle Sample Stays Intact – Right here Is What the Weekly Chart Reveals – BlockNews

    March 1, 2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2026 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.