Bitcoin Magazine Ventures launches Bitcoin ecosystem fund, which has been oversubscribed by $90 million

ChainCatcher news, according to CryptoSlate, the venture capital fund Bitcoin Magazine Ventures, which specializes in investing in the Bitcoin ecosystem, is raising $30 million and has already been oversubscribed by $90 million.

The new fund will focus on the development of the Bitcoin ecosystem, primarily investing in new applications, tools, and infrastructure such as Ordinals, Lighting, BRC20, DLC, and other UTXO-related elements, managed by David Bailey and Tyler Evans. Sora Ventures supports Bitcoin Magazine Ventures by investing $3 million in the fund. (source link)