Biggest backing of $1bn comes from Oracle co-founder
Sequoia Capital
San Francisco-based company was valued at $10bn earlier this year
Company considering market debut through direct listing or initial public offering as soon as next year
Online message board operator valued at $10 bn in a private fundraising round last month
DeFi projects aim to replicate financial services and cut out middlemen
The company is yet to determine the number of shares to be offered and the price range
Company takes a stake in start-up, which creates larger competitor to Waymo
Fintech startup founded by John and Patrick Collison could be valued as high as $100bn
The two companies will pay a combined $12bn for their minority stakes
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