The Unbroken Chain plan aims to raise $5 million for active Ordinals and inscription trading

ChainCatcher news, according to CoinDesk, the new fund Unbroken Chain, supported by the owner of Bitcoin Magazine, plans to raise $5 million for active Ordinals and inscription trading. The fund will be led by Consolidated Trading portfolio manager Asher Corson. General partners include the fund division of Bitcoin Magazine owner BTC Inc., UXTO Management, and former communications director of Ordinals founder Casey Rodarmor, Isabel Foxen Duke.

This new fund claims to be "the first managed fund actively trading Ordinals and inscriptions," which includes BRC-20 tokens. The anonymous creator of BRC-20, "Domo," also supports the Unbroken Chain fund. It is reported that Unbroken Chain has begun investing with an initial donation of $1.5 million, with initial assets including Bitcoin Rock, purchased on September 20 for 3 BTC (worth approximately $85,000).