Entropy, a16z-backed decentralized custody startup, is winding down and returning capital to investors

Jan 25, 2026 - 18:00
Entropy, a16z-backed decentralized custody startup, is winding down and returning capital to investors
Entropy, a decentralized custody startup that raised $25 million in a seed round led by Andreessen Horowitz in 2022, is shutting down and returning capital to investors, founder and CEO Tux Pacific announced on X. Pacific said the decision came after four years of building, “several pivots, and two rounds of layoffs.” The company was...

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