A $2 million liquid fund has been launched by venture capital firm Sora Ventures to support projects building within the TTP ecosystem. The fund will be led by UTXO Management, the team behind Bitcoin Magazine, and will focus on supporting Bitcoin Ordinals and protocols like Tap Protocol. Tap Protocol is a decentralized indexer ecosystem that aims to simplify data indexing within the Bitcoin network. The protocol recently secured a $4.2 million funding round to accelerate tokenization and decentralized applications on the Bitcoin network. The fund is backed by Web3 investors including BTSE, founders of Origin Protocol, Waterdrip Capital, and SeraFund.
Sora Ventures Unveils $2M Liquid Fund for Bitcoin’s Growing Ecosystem
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