Elwood Technologies, the crypto company backed by billionaire hedge fund manager Alan Howard, is in talks to sell part of its business.

According to four sources, Elwood Technologies, a cryptocurrency trading execution and risk management platform supported by billionaire hedge fund manager Alan Howard, is in talks to sell part of its business. Elwood Technologies is a platform that focuses on cryptocurrency trading execution and risk management. One source said that Elwood has re-evaluated its roadmap and will focus on existing investment portfolio management and risk management software as a service business, with less emphasis on trading.