Bitcoin-Focused VC Stillmark Hires Former Google X Engineer Vikash Singh

2 years ago

Stillmark, a major investor successful the Bitcoin Lightning web and Lightning infrastructure supplier Voltage, announced contiguous that it has appointed erstwhile Google X technologist Vikash Singh arsenic its main investor.

  • Stillmark has truthful acold raised $40 million, specifically for investing successful startups that utilize Bitcoin and the Lightning network.

  • Stillmark said that its archetypal money was oversubscribed twice-over.

  • Prior to Google X, Singh spent 5 years astatine Heal, a Series D signifier healthtech institution that utilizes AI and heavy learning, which helium joined astatine effect stage.

  • In an interrogation with CoinDesk, Singh called Bitcoin a “moonshot” exertion that’s a cardinal improvement of fiscal exertion which levels the playing tract for galore people.

  • Singh wants Bitcoin to beryllium a “stable basal furniture for radical to beryllium their ain slope and beryllium independent.”

  • Compared to different cryptos it's a “clear victor successful the contention for wealth implicit the internet,” helium said.

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