Ten31 Partners With Seetee For Powerhouse Bitcoin Infrastructure Investment Initiative
Seetee will be the lead investment partner of Ten31 for Bitcoin-based projects, companies and founders while the two companies continue individual investments.Bitcoin investment companies Seetee and Ten31 have partnered...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Seetee will be the lead investment partner of Ten31 for Bitcoin-based projects, companies and founders while the two companies continue individual investments.
- Bitcoin investment companies Seetee and Ten31 have partnered to drive investments in Bitcoin infrastructure.
- The partnership will see Ten31 become Seetee's lead investment partner for Bitcoin-based projects, companies and founders.
- The two companies have a track record of investing in over 20 Bitcoin companies and continue to represent values widely held in the space.
Bitcoin investment companies Seetee and Ten31 announced a partnership meant to strengthen infrastructure and development of the protocol by investing in projects, companies and founders within the Bitcoin ecosystem.
Ten31 will become Seetee's lead investment partner while each company maintains their own investments. Having invested in over 20 Bitcoin companies collectively, furthering the development of open-source projects through grants and direct investments, their collaborative efforts are set to drive innovation in the space.
"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," said Grant Gilliam, co-founder and managing partner of Ten31.
The venture partner alumni of Ten31 includes quite a few notable names. Among them are Marty Bent, author of “Marty’s Bent,” a 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” show and co-host of “Rabbit Hole Recap.”
The importance of notating involved investors in this venture cannot be understated, as Seetee falls under the banner of the industrial investment company known as Aker, which has historically focused on oil and gas, renewable energy and green technologies, and other related environmental or industrial uses, meaning Bitcoin was for the most part not the focus.
Seetee was created under the Aker banner in 2021 so that they could specialize within the Bitcoin ecosystem. As they partner with reputable investors in the space, it allows would-be investors of their projects to know the cumulative shared values of its participants.
"There is strong long-term alignment between the two organizations, and we couldn't ask for a better strategic partner than Seetee," said Jonathan Kirkwood, co-founder and managing partner of Ten31.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin MagazineRelated market context
Polymath And CineCity Explore Regulated Tokenized Film Investment Platform
TL;DR Polymath and Chicago-based CineCity Studios are exploring a platform for financing independent film through regulated digita...
New SEC crypto rules threaten small advisers, but big firms win
The US Securities and Exchange Commission’s proposed crypto custody fallback could broaden investment choices while making them ea...
Frank Holmes: They Will Print $100 Trillion – Why to Buy Bitcoin & Gold
Bitcoin Magazine Frank Holmes: They Will Print $100 Trillion – Why to Buy Bitcoin & Gold Bitcoin miners already have the power, th...
Nico Lechuga: Bitcoin Will Revolutionize the $4T Private Equity Industry
Bitcoin Magazine Nico Lechuga: Bitcoin Will Revolutionize the $4T Private Equity Industry Traditional private equity is always on...
Bankers sue to overturn OCC trust-bank rule used by crypto firms
The Independent Community Bankers of America sued the OCC in federal court in Washington on Oct. 2, two weeks after the agency app...
XRP Price Prediction: Ripple Range-Bound at $1.50, Breakout Soon?
XRP price prediction shows Ripple entering October still trading within a broad range. XRP is currently around $1.50, with key res...