EgoDeathCapital
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🚨 MAJOR NEWS: Ego Death Capital has closed a $100 million fund dedicated solely to investing in #Bitcoin -focused companies.
This is a huge move for the BTC ecosystem! 🔥👀
$BTC
#BitcoinInvesting #CryptoFunding #EgoDeathCapital #BTCNews
This is a huge move for the BTC ecosystem! 🔥👀
$BTC
#BitcoinInvesting #CryptoFunding #EgoDeathCapital #BTCNews
🚨 Today’s Top 5 Crypto Headlines – July 9
Big moves in the crypto world: Japan’s CEO goes full Bitcoin, Ripple enters the Senate, and $100M is flowing into Bitcoin-native innovation. Here’s what’s buzzing:
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#CryptoNews #Bitcoin #DeFi #Ripple #Avalanche #Remixpoint #BradGarlinghouse #ReserveOne #SPAC #EgoDeathCapital #CryptoUpdates #CryptoToday #BlockchainNews #CryptoReel #CryptoHeadlines #BitcoinStartups #CryptoMarket #CryptoInnovation #CryptoInvesting
Big moves in the crypto world: Japan’s CEO goes full Bitcoin, Ripple enters the Senate, and $100M is flowing into Bitcoin-native innovation. Here’s what’s buzzing:
.
#CryptoNews #Bitcoin #DeFi #Ripple #Avalanche #Remixpoint #BradGarlinghouse #ReserveOne #SPAC #EgoDeathCapital #CryptoUpdates #CryptoToday #BlockchainNews #CryptoReel #CryptoHeadlines #BitcoinStartups #CryptoMarket #CryptoInnovation #CryptoInvesting
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Ego Death Capital raises $100 million to expand Bitcoin companies
Ego Death Capital has just completed raising $100 million for its second fund, focusing exclusively on investing in software companies building applications on the Bitcoin protocol. This fund positions itself as a lead investor in round #SeriesA within the Bitcoin ecosystem.
Investment strategy focused on Bitcoin
The new fund will primarily support Series A companies with annual revenues ranging from $1 million to $3 million that are facing capital challenges but have strong growth potential. A small portion of the fund will also be allocated to promising seed-stage projects. The fund's investors are mainly family offices supporting Bitcoin, reflecting a growing interest in sustainable, revenue-generating Bitcoin businesses.
Nico Lechuga, one of the founding partners of #EgoDeathCapital , emphasizes that the industry lacks a lead investor for Series A rounds in the Bitcoin space, and Ego Death is filling that gap. He believes that "Bitcoin is the only decentralized and secure foundation for building."
Initial investments
The fund has made several early investments in companies such as:
Roxom, a Bitcoin-based exchange.
Relai, a Bitcoin savings tool.
Breez, a payment infrastructure company built on the Lightning Network.
Ego Death Capital is actively steering clear of speculative crypto projects, instead choosing to support companies with business models directly from the Bitcoin protocol.
Ego Death Capital has just completed raising $100 million for its second fund, focusing exclusively on investing in software companies building applications on the Bitcoin protocol. This fund positions itself as a lead investor in round #SeriesA within the Bitcoin ecosystem.
Investment strategy focused on Bitcoin
The new fund will primarily support Series A companies with annual revenues ranging from $1 million to $3 million that are facing capital challenges but have strong growth potential. A small portion of the fund will also be allocated to promising seed-stage projects. The fund's investors are mainly family offices supporting Bitcoin, reflecting a growing interest in sustainable, revenue-generating Bitcoin businesses.
Nico Lechuga, one of the founding partners of #EgoDeathCapital , emphasizes that the industry lacks a lead investor for Series A rounds in the Bitcoin space, and Ego Death is filling that gap. He believes that "Bitcoin is the only decentralized and secure foundation for building."
Initial investments
The fund has made several early investments in companies such as:
Roxom, a Bitcoin-based exchange.
Relai, a Bitcoin savings tool.
Breez, a payment infrastructure company built on the Lightning Network.
Ego Death Capital is actively steering clear of speculative crypto projects, instead choosing to support companies with business models directly from the Bitcoin protocol.
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