18 hours ago
Venture superior steadfast (VC) steadfast ego decease capital, which focuses connected Bitcoin BTC (and Bitcoin only)-based projects, has closed its 2nd fund, totaling $100 million.
Ego decease capital's Fund II volition pb Series A investments of betwixt $3 million-$8 cardinal backing projects gathering connected Bitcoin to lick real-world problems, according to an emailed announcement connected Tuesday.
“We’re investing successful businesses that dainty Bitcoin not arsenic a trade, but arsenic infrastructure - thing to physique on, not stake on,” ego wide spouse Lyn Alden said successful a statement.
Ego's existing portfolio companies see bitcoin self-custody exertion Relai and bitcoin-built securities speech Roxom.
By focusing exclusively connected projects gathering connected the world's archetypal blockchain, ego said it is trying to entreaty to investors who privation to chopped done the hype of antithetic chains and tokens and absorption solely connected the oldest and astir established crypto that inactive consistently constitutes implicit 60% of the $3+ trillion integer plus industry.
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