Crypto incubator WebN Group, backed by billionaire Alan Howard, is set to shut down. The firm previously invested in digital asset infrastructure projects like KAIO (formerly Libre), Twinstake, TruFin, and Geometry, and received investment from Laser Digital, the crypto joint venture platform under Japan's Nomura, in 2023. According to insiders, WebN is considered to have 'fulfilled its mission,' and some employees have transitioned to Brevan Howard. Previously, Brevan Howard's digital asset fund saw a nearly 30% loss in 2025 and significantly reduced its holdings in BlackRock's iShares Bitcoin Trust by about 85%. (CoinDesk) https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=57216