A Bitcoin financial services company and UATX aim to raise $5 million for a five-year investment in BTC.
Sources have revealed that Founders Fund, the venture capital firm established by billionaire Peter Thiel, is once again allocating investments into bitcoin and ether, indicating a resurgence of interest in cryptocurrency markets within Silicon Valley. Between late summer and early fall of the previous year, the fund directed $200 million towards acquiring crypto tokens, with an even split between bitcoin and ether, as disclosed by two individuals familiar with the situation to Reuters.