What to know:

  • Bitcoin only VC Ego Death Capital contributed $4 million to Relai’s funding round.
  • The plan is to use the new funding to expand further into Europe and become licensed under the new Markets in Crypto Assets regime (MICA).

As a seasoned crypto investor with a keen eye for promising startups, I find the recent $12 million Series A funding round of Relai, a bitcoin-focused app, particularly intriguing. Having witnessed the meteoric rise and occasional fall of numerous digital assets, I’ve learned to appreciate the resilience and potential of Bitcoin.

Relai, an app for buying, selling, and self-custody of bitcoins, has secured $12 million in its Series A funding round. The lead investor was Ego Death Capital, a venture capital firm that specializes only in Bitcoin, which contributed $4 million. Other investors included Plan B Bitcoin Fund, Timechain, and Solit Group.

Read More

2024-12-10 14:05