Bitcoin Magazine Ventures launches Bitcoin ecosystem fund, which has been oversubscribed by $90 million

2023-06-01 23:06:42

Collection

ChainCatcher news, according to CryptoSlate, the venture capital fund Bitcoin Magazine Ventures, which specializes in investing in the Bitcoin ecosystem, is raising $30 million and has already been oversubscribed by $90 million.

The new fund will focus on the development of the Bitcoin ecosystem, primarily investing in new applications, tools, and infrastructure such as Ordinals, Lighting, BRC20, DLC, and other UTXO-related elements, managed by David Bailey and Tyler Evans. Sora Ventures supports Bitcoin Magazine Ventures by investing $3 million in the fund. (source link)

Related tags

Bitcoin Magazine Ventures Bitcoin Fund

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.