Ego Death Capital Raises $100 Million for Second Fund to Support Bitcoin Companies
Odaily Planet Daily reports that Ego Death Capital has completed a $100 million fundraising round for its second fund, focusing on supporting the expansion of Bitcoin ecosystem enterprises. The fund typically targets companies with annual revenues between $1 million and $3 million, but whose growth is constrained by limited capital. This new fund will primarily focus on Series A financing rounds, helping companies with proven track records to scale up, while also reserving a small portion of capital for promising early-stage projects. The second fund has already made several investments, including the Bitcoin-based exchange Roxom, the Bitcoin savings tool Relai, and the Lightning Network-based payment infrastructure Breez. (Axios)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trump: August 1 Is Not a Tariff Extension, Reaching an Agreement Takes Too Long
US Treasury Secretary: Tariff Revenue Expected to Rise to $300 Billion by Year-End
Data: "Insider Whale" Short Position Triggers Partial Liquidation Again, with Losses Reaching $17.11 Million
Trending news
MoreCrypto prices
More








