Venture Capital Self-Death Capital has raised $100 million from home offices and other investors to support early Bitcoin (BTC) Company emphasizes the growing institutional demand for digital asset-centric enterprises.
Founding partner Nico Leshuga told axis In the exclusive interview.
Lesgar said he believes that “bitcoin is the only foundation for decentralization and security that can be built.”
Self-death capital is based on Bitcoin, which is the time for the institutional interest to be improved in assets. Strong performance Among us, Bitcoin exchange-traded funds (ETFs) and Growth of the company’s Bitcoin Treasury.
So far, Ego Death has invested in several Bitcoin-focused startups, including Roxcom Exchange, Relai Savings Platform and Breez, a payment solution built on this Lightning Network.
However, the company does not intend to invest in hardware-focused companies, such as Bitcoin miners or wallet manufacturers, and has no interest in supporting projects related to other cryptocurrencies.
Dozens of publicly traded and private companies have added bitcoin to their balance sheets – this trend has only Accelerated in recent months.
Related: VC Overview: DEFI, AI, Hybrid Exchanges Showcases Elastic Months of Cryptocurrency
Crypto Venture Capital rebounds in Q2
Go beyond Bitcoin to venture capital funds in the wider cryptocurrency and blockchain space A sharp rebound in the second quarterAccording to Cryptorank data, the company raised $10.03 billion in cumulative amounts.
In June alone, more than half of the funds appeared at $5.14 billion.
The biggest deals of the quarter include American politician Vivek Ramaswamy’s $750 million in fundraising and the launch of 21 Capital Raised $585 million to acquire Bitcoin.
Overall, the second quarter venture capital was the strongest quarter in the industry since the first quarter of 2022, when total investment reached $16.64 billion.
Related: Chatgpt vs X: Originally discovering the next big crypto narrative is better?
