British investment trust RIT Capital Partners Plc reduced its holdings in several prominent crypto startups earlier this year. The trust, founded by Jacob Rothschild, has invested tens of millions of pounds in crypto companies since 2021, in addition to investing in numerous technology startups. Its 2021 annual report shows that RIT's positions in Animoca Brands, Kraken and Paxos are £27.8 million, £33.2 million and £20.8 million respectively. In the following year's accounts published in February, these positions shrank to £14.2 million, £16.2 million and £16.2 million. It's possible that RIT's stake could be sold, but that's unlikely given that the three startups are privately owned.