EXCLUSIVE: Bitcoin wallet xverseApp, which supports Ordinals, has raised $5 million in a round led by jump_. BrandyBetz reports
has raised $5 million in a seed round led by noted industry investor Jump Crypto. The new funding will help the company accelerate development of advanced features related to decentralized finance and Stacks, Lightning and other Bitcoin scaling solutions., a method of generating non-fungible tokens on the Bitcoin blockchain using inscription that launched in January. Last month, Ordinals were in the spotlight after daily new inscriptions hit 350,000.
Other investors in the round included RockawayX, Sfermion, Alliance, NGC Ventures, V3ntures, Old Fashion Research, 2140 Bitcoin Ecosystem Fund, Bitcoin Frontier Fund, Newman Capital, Franklin Templeton, New Layer Capital, Miton C, Gossamer Capital, Daxos Capital, Sora Ventures, Tyhke Block Ventures, IOBC Capital and Despread, among others.
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