What clock source are you referring to? MIDI clock pulses are 24 per quarter note, so if the tempo is 120 BPM (quarter notes per minute) then there are 24*120/60 = 48 MIDI clock pulses per second, or 48 Hz. But if you’re tallking about an analog clock circuit that’s running at 120 pulses per minute (one pulse per quarter note), then yes, that’s 2 Hz.
For a sequencer you can drive it with an LFO pulse wave, or a dedicated analog clock, or build it with an internal clock. For any of those you wouldn’t need to do any clock multiplying or dividing. Or you could use a MIDI clock signal but you’d want to divide it down to something like quarter or eighth or sixteenth notes; there are MIDI to CV modules that will do that.