Enterprise capital agency
agency ego dying capital, which focuses on Bitcoin (and Bitcoin solely)-based tasks, has closed its second fund, totaling $100 million.
Ego dying capital’s Fund II will lead Collection A investments of between $3 million-$8 million backing tasks constructing on Bitcoin to resolve real-world issues, in line with an emailed announcement on Tuesday.
“We’re investing in companies that deal with Bitcoin not as a commerce, however as infrastructure – one thing to construct on, not wager on,” ego common associate Lyn Alden stated in an announcement.
Ego’s current portfolio corporations embrace bitcoin self-custody utility Relai and bitcoin-built securities change Roxom.
By focusing completely on tasks constructing on the world’s authentic blockchain, ego stated it’s making an attempt to attraction to buyers who need to minimize via the hype of various chains and tokens and focus solely on the oldest and most established crypto that also constantly constitutes over 60% of the $3+ trillion digital asset business.
