Venture capital firm Sequoia Capital, which owns a 16% stake in stablecoin platform Bridge, is expected to earn more than $100 million from Stripe's $1.10 billion acquisition of Bridge. Sequoia invested $19 million in Bridge's Series A round last year, according to people familiar with the matter. Other venture capital firms will also receive hundreds of millions of dollars in windfalls from Bridge's stake, including Ribbit Capital, Haun Ventures, Index Ventures and Bedrock Fund Management. Ribbit's stake in Bridge is about 10 percent and worth $100 million, while Bedrock and Index Ventures each own about 6 percent and Kathryn Haun's venture capital firm owns 4 percent. Previously, Stripe acquired stablecoin payment platform Bridge for $1.10 billion; this marks the largest acquisition in the crypto industry to date.