VC Firm Ego Death Capital Closes $100M Funding to Back Bitcoin-Based Projects
The post VC Firm Ego Death Capital Closes $100M Funding to Back Bitcoin-Based Projects appeared on BitcoinEthereumNews.com. Ego Death:- In a big boost for the developing Bitcoin DeFi, the VC firm Ego Death Capital has raised $100M funding to support the Companies building on the world’s first blockchain. The 2022-launched VC firm is founded by the Bitcoin advocate Jeff Booth who serves as the Founding Partner. He is also the Author of “The Price of Tomorrow”, a well-known book on deflation and exponential technology. The firm believes Bitcoin not just as a mere store of value but as the promising infrastructure to build projects on it. With its $100 million funding, Ego Death aims to expand its focus to Series A rounds – from $3–8M per investment. Also Read: Kraken’s L2 Ink Seeks Mascot Name Ego Death to Support Bitcoin-Only Projects Interestingly, the VC firm’s name “Ego Death” itself hints at the fund’s broader mission: to invest in companies that challenge traditional financial hierarchies and promote open, decentralized alternatives. Its Founding partner Jeff Booth has himself long argued that deflationary money like Bitcoin is necessary to counter the instability of fiat-driven monetary systems. Unlike many Web3 venture funds that focus on blockchain platforms and token-based ecosystems, Ego Death Capital takes a Bitcoin-only approach. Its portfolio to date includes companies such as: 1. Relai, a Swiss-based Bitcoin savings and investing app 2. Breez, a Lightning-native mobile wallet and point-of-sale app 3. LN Markets, which enables derivatives trading on Lightning 4. Nostr-focused social tools, emphasizing censorship-resistant communication Ego Death Capital Team : Source: Official Website With the new $100M fund, Ego Death Capital plans to double down on scalable, revenue-focused startups working within the Bitcoin ecosystem. This, according to the announcement, will especially include infrastructure and applications that promote economic sovereignty and financial inclusion. The funding comes as the broader total Crypto VC Investment reached $10.03 ion in Q2…
The post VC Firm Ego Death Capital Closes $100M Funding to Back Bitcoin-Based Projects appeared on BitcoinEthereumNews.com.
Ego Death:- In a big boost for the developing Bitcoin DeFi, the VC firm Ego Death Capital has raised $100M funding to support the Companies building on the world’s first blockchain. The 2022-launched VC firm is founded by the Bitcoin advocate Jeff Booth who serves as the Founding Partner. He is also the Author of “The Price of Tomorrow”, a well-known book on deflation and exponential technology. The firm believes Bitcoin not just as a mere store of value but as the promising infrastructure to build projects on it. With its $100 million funding, Ego Death aims to expand its focus to Series A rounds – from $3–8M per investment. Also Read: Kraken’s L2 Ink Seeks Mascot Name Ego Death to Support Bitcoin-Only Projects Interestingly, the VC firm’s name “Ego Death” itself hints at the fund’s broader mission: to invest in companies that challenge traditional financial hierarchies and promote open, decentralized alternatives. Its Founding partner Jeff Booth has himself long argued that deflationary money like Bitcoin is necessary to counter the instability of fiat-driven monetary systems. Unlike many Web3 venture funds that focus on blockchain platforms and token-based ecosystems, Ego Death Capital takes a Bitcoin-only approach. Its portfolio to date includes companies such as: 1. Relai, a Swiss-based Bitcoin savings and investing app 2. Breez, a Lightning-native mobile wallet and point-of-sale app 3. LN Markets, which enables derivatives trading on Lightning 4. Nostr-focused social tools, emphasizing censorship-resistant communication Ego Death Capital Team : Source: Official Website With the new $100M fund, Ego Death Capital plans to double down on scalable, revenue-focused startups working within the Bitcoin ecosystem. This, according to the announcement, will especially include infrastructure and applications that promote economic sovereignty and financial inclusion. The funding comes as the broader total Crypto VC Investment reached $10.03 ion in Q2…
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