a16z-Backed Crypto Custody Startup to Shut Down, Return Investor Funds
Entropy, a decentralized crypto custody startup backed by Andreessen Horowitz (a16z), is winding down and plans to return remaining capital to traders, in accordance to founder and chief government Tux Pacific. Pacific wrote on X over the weekend, “I’m winding-up Entropy.” They added, “After 4 years, a number of pivots, and two rounds of layoffs,…
