Home Finance Bitcoin agency Lightning River raises $35M in ‘new wave of institutional adoption’

Bitcoin agency Lightning River raises $35M in ‘new wave of institutional adoption’

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Bitcoin agency Lightning River raises $35M in ‘new wave of institutional adoption’

The tide may have gone out ordinals, however there’s a robust undercurrent of investments in Bitcoin-only companies. River, a US-based bitcoin (BTC) know-how and monetary providers firm, is the most recent to make a splash.

River introduced a $35 million Collection B fairness financing spherical regardless of the bear market. Kingsway Capital led the spherical, with notable contributions from PayPal (NASDAQ:) co-founder Peter ThielCygni, Goldcrest and Valor Fairness Companions.

Prime Bitcoin Lightning nodes by capability. Supply: River.com
An outline of the capability of the River Lightning node and related channels. Supply: Mempool.area

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