- Bitcoin funding corporations Seetee and Ten31 have partnered to drive investments in Bitcoin infrastructure.
- The partnership will see Seetee change into Ten31’s lead funding accomplice for Bitcoin-based tasks, corporations and founders.
- The two corporations have a observe document of investing in over 20 Bitcoin corporations and proceed to characterize values broadly held within the house.
Bitcoin funding corporations Seetee and Ten31 announced a partnership meant to strengthen infrastructure and growth of the protocol by investing in tasks, corporations and founders inside the Bitcoin ecosystem.
Seetee will change into Ten31’s lead funding accomplice whereas every firm maintains their personal investments. Having invested in over 20 Bitcoin corporations collectively, furthering the event of open-source tasks via grants and direct investments, their collaborative efforts are set to drive innovation within the house.
“We are delighted to establish this partnership with Seetee, which is based on shared values and vision for the space, and an ultimate trust in working with high quality people of the highest integrity,” mentioned Grant Gilliam, co-founder and managing accomplice of Ten31.
The enterprise accomplice alumni of Ten31 consists of fairly a number of notable names. Among them are Marty Bent, writer of “Marty’s Bent,” a e-newsletter discussing the technical and cultural whirlwinds of Bitcoin and host of “Tales From the Crypt,” a similarly-focused podcast; and Matt O’Dell, a Bitcoin and open-source advocate host of the “Citadel Dispatch” present and co-host of “Rabbit Hole Recap.”
The significance of notating concerned traders on this enterprise can’t be understated, as Seetee falls beneath the banner of the commercial funding firm generally known as Aker, which has traditionally centered on oil and fuel, renewable vitality and inexperienced applied sciences, and different associated environmental or industrial makes use of, which means Bitcoin was for probably the most half not the main target.
Seetee was created beneath the Aker banner in 2021 in order that they might specialize inside the Bitcoin ecosystem. As they accomplice with respected traders within the house, it permits would-be traders of their tasks to know the cumulative shared values of its individuals.
“There is strong long-term alignment between the two organizations, and we couldn’t ask for a better strategic partner than Seetee,” mentioned Jonathan Kirkwood, co-founder and managing accomplice of Ten31.