A16z-backed crypto startup Entropy to shut down, refund investors — TradingView News
Crypto start-up Entropy is closing down and handing funds back to investors, citing issues with scaling and struggling to find product-market fit.
Entropy founder and CEO Tux Pacific posted to X on Saturday that the crypto automations platform doesn’t have a viable path forward after years of operation.
“After four years, several pivots, and two rounds of layoffs, I’ve decided to wind-up Entropy and return capital to our investors,” Pacific said.
Entropy launched in late 2021 initially as a decentralized self-custody solution, with crypto venture capital giant Andreessen Horowitz backing it alongside Coinbase Ventures as part of a $25 million seed funding round in June 2022.
Pacific said that over the second half of 2025, Entropy…
