Bitcoin Lightning company River raises $35M amid ‘new wave of institutional adoption’ By Cointelegraph
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The tide might have gone out on ordinals, but there’s a strong undercurrent of investments in Bitcoin-only companies. River, a United States-based Bitcoin (BTC) technology and financial services company, is the latest to make a splash.
River announced a $35 million Series B equity funding round despite the bear market. Kingsway Capital led the round, with notable contributions from PayPal (NASDAQ:) co-founder Peter Thiel, Cygni, Goldcrest and Valor Equity Partners.
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© Reuters.
The tide might have gone out on ordinals, but there’s a strong undercurrent of investments in Bitcoin-only companies. River, a United States-based Bitcoin (BTC) technology and financial services company, is the latest to make a splash.
River announced a $35 million Series B equity funding round despite the bear market. Kingsway Capital led the round, with notable contributions from PayPal (NASDAQ:) co-founder Peter Thiel, Cygni, Goldcrest and Valor Equity Partners.
Continue Reading on Coin Telegraph
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