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TEXXR

Chronicles

The story behind the story

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Entropy, a decentralized crypto custodian that raised a $25M seed led by a16z in June 2022, is shutting down after “several pivots, and two rounds of layoffs”

Partner offers  —  Quick Take  — Entropy founder Tux Pacific announced the crypto startup is shutting down after four years …

The Block Zack Abrams

Discussion

  • @__tux @__tux on x
    I am winding-up Entropy. After four years, several pivots, and two rounds of layoffs, I've decided to wind-up Entropy and return capital to our investors. For the latter half of 2025, the Entropy team was hard at work on a crypto automations platform (basically n8n/zapier/etc